Nov 272020
 
 November 27, 2020  Posted by  Business, Court, Featured News, Laws, U.S.

Bloomberg reports:

Facebook Inc. will be making payouts to only about a quarter of the 6 million Illinois residents eligible for the biggest consumer privacy settlement in U.S. history.

Based on a tally filed in court after Monday’s claims deadline, some 1.57 million people will probably pocket more than $300 each — after about a third of the $650 million settlement fund is set aside for their attorneys and administrative costs — from a lawsuit in which the social network was accused of collecting biometric images from its photo-tagging feature without consent.

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