Facebook Privacy Settlement Holds
The Supreme Court recently declined to hear the case on Facebook’s $9.5 million class action settlement, letting stand what objectors argued was a settlement of no value to the approximately 3.5 million plaintiffs. In denying certiorari, the settlement now final–roughly $3 million of which is going to attorney’s fees–and the rest being put into a online privacy charity fund, including board members selected by Facebook lawyers. The original class action arose out of Facebook’s implementation of the Beacon program “which would notify a user’s friends of transactions the user made on such third-party websites as Overstock.com Inc.”
Read Chief Justice Roberts’ statement here.