You're probably eligible to take part in a $725 million class-action lawsuit against Facebook's parent company, Meta. But time is running out to file your claim.

The good news is, you have until August 25, 2023, to file your claim. (That's this Friday.) Filing is easy, but there are some pieces of information you'll need in order to submit your claim. We'll go over that in a moment.

Nature of the Lawsuit

The recent settlement with Facebook's parent company, Meta alleges that the social media giant made users' data available to third-party companies without their permission, and claims that Facebook did not monitor or enforce third-party access to the data that was disseminated. According to NBC-5, this includes data that was collected by the now-defunct political consulting firm, Cambridge Analytica, which used the data to serve political advertising on Facebook.

Are You Eligible to Participate?

Eligibility requirements have changed throughout the filing process, but eligibility has recently expanded to include more users.

If you were a Facebook user in the United States at any point between May 24, 2007, and Dec 22, 2022, you are eligible to file a claim.

Even individuals who had active Facebook accounts during that time period but have since deleted them are still eligible to participate in the suit.

Here's How to File Your Claim

Follow this link to participate in the $725 million lawsuit. Remember, you must file by Friday, August 25, 2023.

You'll be asked to provide your Facebook username, as well as phone numbers and email addresses associated with your account.

How to Find Your Facebook Username

Finding your username is crucial, and may prove to be the most difficult part of the exercise.

First, log in to your Facebook account. On a mobile device, navigate to Settings, Personal Details, Profiles, click on your profile, and finally Username.

How Much Will You Receive?

As with any class-action lawsuit, the amount received will ultimately depend on how long you were a Facebook user and how many people file a claim before the deadline ends.

Some news sources have estimated that the payout could be approximately $35 per person, although that amount is subject to change based on the number of participants who join the settlement.

Follow this link to submit your claim by the end of the day on Friday, August 25, 2023.

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