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Cambridge Analytica scandal: Facebook pays $725 million to end lawsuit


Its parent company Meta has offered an amicable settlement to close a "class action" launched in 2018 by users.

Meta, the parent company of Facebook, has agreed to pay 725 million dollars, the equivalent of 683 million euros, to close a lawsuit initiated in 2018 by Facebook users.

They accuse the company of having shared their personal data with third parties, including the company Cambridge Analytica.

Read alsoFacebook tries to extinguish the Cambridge Analytica scandal

No offense committed according to Meta

According to plaintiffs' attorneys, the proposed settlement is

"the largest-ever US class-action

settlement" over data privacy.

Meta has never paid so much to resolve a class action.

Despite the historic sum, Mark Zuckerberg's company has not admitted any infringement.

The American giant said in a press release that this agreement was made “

in the best interest of our community and our shareholders


The arrangement still needs to be approved by a court judge.

Read also: According to the Cambridge Analytica whistleblower, “the opinions and decisions of Mark Zuckerberg weigh more than those of elected officials”

Cambridge Analytica, which has since closed, is accused of having exploited, without their consent, the data of 87 million Facebook users.

This information was used to develop the psychological profile of voters in the context of electoral campaigns in 2016 and to guide votes in favor of Donald Trump.

Lawyers for the users alleged that Facebook misled them into believing they could retain control of their private data when thousands of outsiders had access to it.

Billions to put the case out

The American giant has spent billions of dollars to extinguish the Cambridge Analytica scandal, the most important in its history.

In July 2019, US antitrust authorities fined Facebook $5 billion for


its users.

The group also signed a $100 million settlement with the Securities and Exchange Commission (SEC) for withholding information from its investors.

Other legal proceedings related to this matter, in particular in the State of Delaware or Washington DC, are still in progress.

Read alsoCambridge Analytica scandal: Facebook has reached a tentative agreement

Since the scandal broke, the social network has changed its privacy policy.

The American giant has removed access to user data from thousands of applications, suspected of abusing it.

Meta has also made it easier for Internet users to calibrate restrictions on sharing personal information.

Source: lefigaro

All news articles on 2022-12-23

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