The social media company denied any wrongdoing but agreed to pay out the lump sum to users located in the USA who have been affected by the scandal and have used the social platform at some point over the last fifteen years. As a result, approximately 85 million people are eligible to participate and potentially qualify for a piece of the $725 million settlement. The political consulting firm exploited a loophole and used a quiz app to access the personal information of over 80 million Facebook users residing in the US. The lawsuit came after the Cambridge Analytica scandal that shook the social platform five years ago. Tech giant Meta, the parent company of Facebook, has reached a settlement with plaintiffs in a class action lawsuit currently pending in the United States District Court for the Northern District of California.
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