How big will Facebook settlement checks be? Lawyers reveal estimated payment per person::Hoping the the massive Facebook privacy settlement is about to change your life? Don’t hold your breath.

  • Capt. Wolf
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    351 year ago

    And the lawyers walk away with a nice $181 million dollars…

    Seems fair…

          • @frezik@midwest.social
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            1 year ago

            Right, this sort of thing can involve a giant team of lawyers and paralegals pouring over documents and case law. The next big case they take on may be years away from a successful settlement (if they even get one), and they need to float on that money. That said, the top partners of the firm are definitely getting a payday.

            • @FireTower@lemmy.world
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              11 year ago

              Wouldn’t be shocked if that was their business model. Trying to look up the plaintiffs it seemed like they were represented by a firm that did a lot of mesothelioma cases.

          • Ocelot
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            01 year ago

            plus court fees, travel, research, office space, etc

            • @FireTower@lemmy.world
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              91 year ago

              The broader Facebook userbase, likely including the lawyers. This was years of work for many lawyers.

              The real issue here is that 725 mil isn’t enough of a punishment for how massive Meta is. They net more than that in a month.

              • @frezik@midwest.social
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                1 year ago

                No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a “contest” so that their lunch is a tax deductible business expense.

                • @FireTower@lemmy.world
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                  31 year ago

                  If Facebook made $726M selling that data though they’d do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they’d do the same again.

    • @frezik@midwest.social
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      31 year ago

      Unfortunately, this is the best our legal system has for punishing companies. It hurts them in the thing that they love the most, which is something. Then the lawyers get a payday and the average person in the class action gets a small slice of what’s left.