--- title: "Meta Said to Settle Cambridge Analytica Scandal Case for $725 Million" description: "The settlement was \"in the greatest interest of our community and stockholders,\" according to Meta." author: "Muskan Singh" published: 2022-12-24 canonical: https://www.mindstick.com/news/2630/meta-said-to-settle-cambridge-analytica-scandal-case-for-725-million category: "facebook" tags: ["facebook api", "facebook", "technology", "technology news"] reading_time: 2 minutes --- # Meta Said to Settle Cambridge Analytica Scandal Case for $725 Million - The settlement did not include any admission of guilt from Meta. - The 2016 presidential campaign of [Donald Trump](https://yourviews.mindstick.com/view/81329/why-donald-trump-wants-india-to-join-g-7) employed Cambridge Analytica. - Facebook was charged with deceiving users about the use of their [personal data](https://www.mindstick.com/forum/158146/what-are-some-of-the-ethical-concerns-surrounding-the-collection-and-use-of-personal-data-in-it). \ Meta Platforms Inc., the company that owns **Facebook**, has agreed to pay $725 million (approximately Rs. 6,000 crore) to settle a class-action lawsuit alleging the [social media](https://www.mindstick.com/articles/13056/how-to-leverage-social-media-to-attract-lots-of-blog-traffic) behemoth of granting access to user data to outside organisations, such as Cambridge Analytica. The long-running dispute, which was sparked by allegations that Facebook had given Cambridge Analytica access to the data of up to 87 [million users](https://answers.mindstick.com/qa/38813/which-country-s-domain-cn-has-become-the-world-s-most-commonly-used-in-the-internet-with-16-36-million-users-surpassing-germany-s-de-domain) in 2018, would be addressed by the proposed settlement, which was made public in a court filing late on Thursday.\ The proposed settlement was referred to by the plaintiffs' attorneys as the largest ever reached in a **US data privacy class action and as the most Meta has ever paid to resolve a class action complaint.** The principal plaintiffs' attorneys, Derek Loeser and Lesley Weaver, stated in a joint statement that 'this historic settlement will provide real relief to the class in this complicated and unusual privacy issue.' As part of the deal, which [must be approved](https://answers.mindstick.com/qa/39378/a-proclamation-of-emergency-issued-under-article-352-must-be-approved-by-the-parliament-within-how-many-days) by a federal judge in [San Francisco](https://answers.mindstick.com/qa/39936/in-2006-which-player-signed-a-one-day-contract-with-the-american-football-team-san-francisco-49ers-then-retired), Meta did not admit any wrongdoing. In a statement, the business claimed that reaching a settlement was 'in the best interest of our community and stockholders.' We have changed our approach to privacy over the past three years, and we've [put in place](https://answers.mindstick.com/qa/40950/what-election-reforms-were-put-in-place-to-increase-participation-in-government-by-citizens) a thorough privacy programme, according to Meta. The now-defunct **Cambridge Analytica contributed to Donald Trump's successful presidential campaign in 2016, using the data from millions of Facebook accounts to target and profile voters.** Without the users' permission, Cambridge Analytica received the data from a researcher who was given permission by **Facebook** to utilise an app on its social media network to harvest data from millions of its users. Government inquiries into Cambridge Analytica's privacy practises, lawsuits, and a highly publicised US congressional hearing where [Mark Zuckerberg](https://yourviews.mindstick.com/view/85512/elon-musk-mark-zuckerberg-two-business-tycoon-of-similar-age) was cross-examined by MPs were all sparked by the controversy that followed. **In 2019, Facebook agreed to pay $5 billion (approximately Rs. 41,500 crore) to settle an investigation by the Federal Trade Commission into its privacy practises and $100 million** (about Rs. 850 crore) to resolve SEC allegations that it misled investors about the misuse of user data. --- Original Source: https://www.mindstick.com/news/2630/meta-said-to-settle-cambridge-analytica-scandal-case-for-725-million Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.