(NEXSTAR) – Documents filed in a California court last week are finally giving us a better idea of how big individual payouts will be in the $725 million class action lawsuit over Facebook users' privacy.
We've long known that big pot of money would get cut down substantially by legal fees and administrative costs, before being divvied up among a huge group of people. Because the class action lawsuit affected basically all U.S. Facebook users between 2007 and 2022, millions of people were eligible for a piece of the pie.
When lawyers gave an update in court two years ago, they were still parsing through about 28 million claims. "As far as we can tell that’s the largest number of claims ever filed in a class action in the United States," said Lesley Weaver, co-lead counsel for the plainti