A judge has tentatively approved a $725-million payout by Facebook's owner to settle claims that the social network shared user data without consent.
The court is scheduled to hold a final approval hearing Sept. 7. Payments can’t begin until the settlement agreement is approved and attorney fees and expenses are determined.Again, this depends on how much money is left in the $725 million pot after fees and expenses are paid. The agreement also proposes to pay $15,000 to each of the plaintiffs who represented the class; the eight named in the settlement would reduce the pot by $120,000.
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