You could be entitled to a settlement amount from TikTok if you or your kid have used the TikTok app. As per the court documents, there is a proposed $92 million settlement amount pending with TikTok Inc.
TikTok, a video-focused social networking service is one of the most popular social media platforms. Tiktok has made many internet stars who have huge followers.
However, TikTok is sending notifications to its United States users claiming if they meet the conditions outlined in the message, they are eligible for a settlement amount as the company is now undergoing major scrutiny.
TikTok Class Action Lawsuit Settlement: Check out what is it
Yesterday, on November 15, users based out of America were receiving a notification message from TikTok claiming that if they have used Tiktok before October 1, 2021, then they may be eligible for a class settlement payment. There was a URL link in the notification of a website detailing the class action settlement.
The summary of the notification is as follows, “Plaintiffs filed a class action complaint, claiming that TikTok violated federal and state law by collecting and using, without sufficient notice and consent, Plaintiffs’ personal data in connection with their use of the TikTok – Make Your Day video-sharing application.”
Here is how much a TikTok user can claim from Class Action Settlement?
As part of the settlement agreed between Plaintiffs and the Defendants, Tiktok US users who used the app prior to September 30, 2021, are eligible to receive the amount and they may have to submit a claim form for the same.
The total settlement amount is 92 million dollars to eligible users who file claims. Even though the amount looks huge but the actual payout for each individual user will be very meagre given the fact that Tiktok has a huge user base of 130 million in the United States. It implies that if all users claim for the amount they will receive around 70 cents each.
However, users based out of Illinois are eligible to get 6 times the amount, as stated by the settlement notice website.
Users’ reaction on Social Media following TikTok Class Action Settlement notification
This news about the Tiktok settlement went viral on the internet and people started making memes over social media platforms like Twitter saying the amount is the monetary equivalent of a “McDonald’s soda” and many such comments are posted.
— Grim Reaper (@GrimReaperTTV) November 15, 2021
Here is the deadline of TikTok Class Action Settlement
March 1, 2022, is the deadline for filing a claim to get the settlement amount. For users who are not satisfied with the settlement and wish to file it, however, need to exclude themselves from the benefits of settlement by January 1, 2022, which is the deadline for those users.
The settlement was reached between both the parties, months after the users in the EU and the UK filed a lawsuit against Titktok alleging that the company has illegally processed the information of children.
The company was earlier fined $5.7 million in February 2019 by the US Federal Trade Commission. The commission has found the company guilty of the process through which the app was purchased by the company that handled children’s data.