TikTok users in the United States have been offered a class action settlement due to an alleged privacy violation by the company. The settlement was originally proposed in October 2020 and has since been approved by a judge for distribution. This article will discuss what the settlement entails and how much users can expect to receive from it.
In October 2020, a class-action suit was filed against TikTok alleging that it violated user privacy by collecting data without proper consent. After months of litigation, a settlement agreement was reached whereby TikTok agreed to pay out $92 million to its US users who were affected by the alleged privacy violation.
Under the terms of the settlement, US users who signed up for an account before February 7th, 2020 are eligible for a payment of up to $110 depending on how many claims are made. Those with multiple accounts may be eligible for additional payments as well. Any money that is not claimed will be donated to charities focused on online safety.
The actual amount that users can expect to receive depends on how many people make claims before the April 20th 2021 deadline. The more claims that are made, the less each person will receive. Those who make their claim early may get more money than those who wait until closer to the deadline.
How Much Will I Get From TikTok Settlement?
It is difficult to predict exactly how much each user will get from TikTok’s settlement agreement due to the number of claims that may be made before the deadline. However, those who file their claim early could potentially receive up to $110, while those who wait until later could receive less.
Conclusion
TikTok’s class action settlement provides US users with an opportunity to receive compensation for an alleged privacy violation. The amount of money each person receives depends on how many people make claims before April 20th 2021 and those who file their claim early may potentially get more money than those who wait until closer to the deadline.