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Los Angeles Times
Los Angeles Times
Business
Jon Healey

Free cash coming to Facebook users. Here's how to claim your share

Facebook United States Meta Cambridge Analytica

Facebook earned more than $110 billion last year by selling advertisements targeted at its users, powered by the data Facebook collected from them.

Now, Facebook users have the chance to collect something back.

A federal judge has tentatively approved an agreement between Facebook's parent company, Meta, and lawyers for U.S. Facebook users to settle multiple class-action lawsuits brought in the wake of the Cambridge Analytica scandal in 2018. Meta denies the allegations that it shared users' data with third parties without permission, but it has nevertheless agreed to pay $725 million into a fund to settle the cases.

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