Facebook Might Have to Pay You $10

FacebookGenerally, Facebook is making money off you (or at least trying) by collecting all your info and then parceling it all out for ads. But now the tables have turned, maybe kinda sorta. Thanks to an ongoing class action lawsuit, you may be entitled to up to 10 whole dollars from the social networking giant. Take that, Zuck! In October, Facebook agreed to a settlement about this whole Sponsored Stories issue, wherein they may have used your likeness in a Sponsored Story ad without your permission. The settlement set aside $20 million for you poor, wronged souls, and now Facebook is starting to get ready to pay it out. How do you know if you’re included? Well, if you got a super-legal-y it-almost-looks-like-a-scam email from Facebook about “LEGAL NOTICE OF SETTLEMENT OF CLASS ACTION,” you’re in.

Read the full story at Gizmodo.

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Author:

Shelly Palmer

Shelly Palmer is Managing Director, Digital Media Group at Landmark Ventures/ShellyPalmer a technology focused Investment Banking & Advisory practice specializing in M&A, Financings, Strategic Partnerships and Innovation Access. He is Fox 5 New York's On-air Tech Expert and well known for his work on Fox Television's Shelly Palmer Digital Living as well as his daily radio report on United Stations Radio Networks. For more information, visit shellypalmer.com.

Comments

  1. Paula Lynn says:

    I have been in focus groups where my opinion and others for one product/service goes for $80-100 a pop. $20 – bleh. Aside from donating to charity, where do you think many people would like to put that $20 ? No choices allowed.

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