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As posted on Facebook to Pay Users $20 Million for Sharing Personal Data in Ads

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If you’re one of the 614,000 Facebook members who appeared in a site ad without permission, you may have some cash coming your way.

Facebook was granted final approval on Monday for a $20 million settlement stemming from a 2011 lawsuit involving “Sponsored Stories” ads

The ads, which were posted on both the right-hand side of the site and in news feeds, used member names, pictures and details about the brands and interests they Like on the site. Members whose details appeared in the ads will now receive $15 each.

The five people who led the lawsuit claimed to represent all user and said the company violated their privacy by highlighting personal data without permission. Read more…More about Mobile, Facebook, Advertising, and Business
http://mashable.com/2013/08/27/facebook-compensation-sharing-data/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss

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