Facebook Parent Meta Agrees to Settle Cambridge Analytica Scandal Case for $725 Million

Facebook Parent Meta Agrees to Settle Cambridge Analytica Scandal Case for $725 Million
The logo of Meta Platforms' business group in Brussels on Dec. 6, 2022. Yves Herman/Reuters
Reuters
Updated:

Facebook owner Meta Platforms Inc. has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users’ personal information.

The proposed settlement, which was disclosed in a court filing late on Thursday, would resolve a long-running lawsuit prompted by revelations in 2018 that Facebook had allowed the British political consulting firm Cambridge Analytica to access data of as many as 87 million users.