$725M Facebook Settlement Payout Date Delayed by Objectors' Appeal

Facebook's parent company, Meta, agreed to settle a class-action lawsuit, but payouts are stuck in legal limbo.

Facebook settlement: A Facebook logo on a stack of money.
(Image credit: Getty Images)

A pair of objectors are appealing the $725 million Facebook settlement connected to the Cambridge Analytica data privacy scandal. The ongoing legal wrangling will likely delay settlement payouts to affected Facebook users by many months, according to the official settlement website.

Law.com reported that objectors' attorneys Kendrick Jan and John Pentz filed an  opening brief with the U.S. Court of Appeals for the Ninth Circuit on May 4, as part of their clients' appeal of the settlement approval granted last year. 

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Ben Demers
Audience Engagement Manager, Kiplinger.com

Ben Demers manages digital content and engagement at Kiplinger, informing readers through a range of personal finance articles, e-newsletters, social media, syndicated content, and videos. He is passionate about helping people lead their best lives through sound financial behavior, particularly saving money at home and avoiding scams and identity theft. Ben graduated with an M.P.S. from Georgetown University and a B.A. from Vassar College. He joined Kiplinger in May 2017.