By Fox Business News
United States TikTok users could be eligible to receive funds from a $92 million class action data privacy settlement.
“While we disagree with the assertions, we are pleased to have reached a settlement agreement that allows us to move forward and continue building a safe and joyful experience for the TikTok community,” a TikTok spokesperson told Insider of the settlement.
The settlement comes after 21 federal lawsuits were filed mostly on the behalf of minors earlier this year. Plaintiffs alleged in court documents filed in the United States District Court for the Northern District of Illinois that the tech platform violated state and federal laws by transmitting “private legally protected data.” The lawsuit also alleged that TikTok “extracts a broad array of private data” that the company uses to “track and profile TikTok users” for ads.
“Class action settlements are usually free money for the public. If you register for the settlement, you can receive some small benefit – or even sometimes a large one. In exchange, you give up your right to sue individually. Unless you think you want to bring your own litigation, it almost always makes sense to register as a class member. But always be careful to sign up only by the official method.”
–Logan Elia, Rose Law Group partner and litigation attorney
