▲ 131 ▼ How big will Facebook settlement checks be? Lawyers reveal estimated payment per person (thehill.com) submitted 2 years ago by L4s@lemmy.world [M, B] to c/technology@lemmy.world 23 comments fedilink hide all child comments How big will Facebook settlement checks be? Lawyers reveal estimated payment per person::Hoping the the massive Facebook privacy settlement is about to change your life? Don't hold your breath.
[–] Ocelot@lemmies.world 6 points 2 years ago (2 children) I mean they did do all the work. permalink fedilink source parent hideshow 4 child comments replies: [–] qisope@lemmy.world 18 points 2 years ago (1 child) $181m of work? permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 6 points 2 years ago (2 children) Collectively between many lawyers since 2018? permalink fedilink source parent hideshow 4 child comments replies: [–] frezik@midwest.social 5 points 2 years ago* (1 child) Right, this sort of thing can involve a giant team of lawyers and paralegals pouring over documents and case law. The next big case they take on may be years away from a successful settlement (if they even get one), and they need to float on that money. That said, the top partners of the firm are definitely getting a payday. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 1 point 2 years ago Wouldn't be shocked if that was their business model. Trying to look up the plaintiffs it seemed like they were represented by a firm that did a lot of mesothelioma cases. permalink fedilink source parent [–] Ocelot@lemmies.world 0 points 2 years ago plus court fees, travel, research, office space, etc permalink fedilink source parent [–] OberonSwanson@sh.itjust.works 2 points 2 years ago (1 child) You dropped this: /s permalink fedilink source parent hideshow 2 child comments replies: [–] photonic_sorcerer@lemmy.dbzer0.com 0 points 2 years ago (1 child) Who tf do you think litigated the case?? permalink fedilink source parent hideshow 2 child comments replies: [–] SpaceNoodle@lemmy.world 10 points 2 years ago (1 child) Who tf you think was ripped off? permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 9 points 2 years ago (1 child) The broader Facebook userbase, likely including the lawyers. This was years of work for many lawyers. The real issue here is that 725 mil isn't enough of a punishment for how massive Meta is. They net more than that in a month. permalink fedilink source parent hideshow 2 child comments replies: [–] frezik@midwest.social -1 points 2 years ago* (1 child) No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a "contest" so that their lunch is a tax deductible business expense. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 3 points 2 years ago If Facebook made $726M selling that data though they'd do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they'd do the same again. permalink fedilink source parent
[–] qisope@lemmy.world 18 points 2 years ago (1 child) $181m of work? permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 6 points 2 years ago (2 children) Collectively between many lawyers since 2018? permalink fedilink source parent hideshow 4 child comments replies: [–] frezik@midwest.social 5 points 2 years ago* (1 child) Right, this sort of thing can involve a giant team of lawyers and paralegals pouring over documents and case law. The next big case they take on may be years away from a successful settlement (if they even get one), and they need to float on that money. That said, the top partners of the firm are definitely getting a payday. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 1 point 2 years ago Wouldn't be shocked if that was their business model. Trying to look up the plaintiffs it seemed like they were represented by a firm that did a lot of mesothelioma cases. permalink fedilink source parent [–] Ocelot@lemmies.world 0 points 2 years ago plus court fees, travel, research, office space, etc permalink fedilink source parent
[–] FireTower@lemmy.world 6 points 2 years ago (2 children) Collectively between many lawyers since 2018? permalink fedilink source parent hideshow 4 child comments replies: [–] frezik@midwest.social 5 points 2 years ago* (1 child) Right, this sort of thing can involve a giant team of lawyers and paralegals pouring over documents and case law. The next big case they take on may be years away from a successful settlement (if they even get one), and they need to float on that money. That said, the top partners of the firm are definitely getting a payday. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 1 point 2 years ago Wouldn't be shocked if that was their business model. Trying to look up the plaintiffs it seemed like they were represented by a firm that did a lot of mesothelioma cases. permalink fedilink source parent [–] Ocelot@lemmies.world 0 points 2 years ago plus court fees, travel, research, office space, etc permalink fedilink source parent
[–] frezik@midwest.social 5 points 2 years ago* (1 child) Right, this sort of thing can involve a giant team of lawyers and paralegals pouring over documents and case law. The next big case they take on may be years away from a successful settlement (if they even get one), and they need to float on that money. That said, the top partners of the firm are definitely getting a payday. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 1 point 2 years ago Wouldn't be shocked if that was their business model. Trying to look up the plaintiffs it seemed like they were represented by a firm that did a lot of mesothelioma cases. permalink fedilink source parent
[–] FireTower@lemmy.world 1 point 2 years ago Wouldn't be shocked if that was their business model. Trying to look up the plaintiffs it seemed like they were represented by a firm that did a lot of mesothelioma cases. permalink fedilink source parent
[–] Ocelot@lemmies.world 0 points 2 years ago plus court fees, travel, research, office space, etc permalink fedilink source parent
[–] OberonSwanson@sh.itjust.works 2 points 2 years ago (1 child) You dropped this: /s permalink fedilink source parent hideshow 2 child comments replies: [–] photonic_sorcerer@lemmy.dbzer0.com 0 points 2 years ago (1 child) Who tf do you think litigated the case?? permalink fedilink source parent hideshow 2 child comments replies: [–] SpaceNoodle@lemmy.world 10 points 2 years ago (1 child) Who tf you think was ripped off? permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 9 points 2 years ago (1 child) The broader Facebook userbase, likely including the lawyers. This was years of work for many lawyers. The real issue here is that 725 mil isn't enough of a punishment for how massive Meta is. They net more than that in a month. permalink fedilink source parent hideshow 2 child comments replies: [–] frezik@midwest.social -1 points 2 years ago* (1 child) No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a "contest" so that their lunch is a tax deductible business expense. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 3 points 2 years ago If Facebook made $726M selling that data though they'd do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they'd do the same again. permalink fedilink source parent
[–] photonic_sorcerer@lemmy.dbzer0.com 0 points 2 years ago (1 child) Who tf do you think litigated the case?? permalink fedilink source parent hideshow 2 child comments replies: [–] SpaceNoodle@lemmy.world 10 points 2 years ago (1 child) Who tf you think was ripped off? permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 9 points 2 years ago (1 child) The broader Facebook userbase, likely including the lawyers. This was years of work for many lawyers. The real issue here is that 725 mil isn't enough of a punishment for how massive Meta is. They net more than that in a month. permalink fedilink source parent hideshow 2 child comments replies: [–] frezik@midwest.social -1 points 2 years ago* (1 child) No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a "contest" so that their lunch is a tax deductible business expense. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 3 points 2 years ago If Facebook made $726M selling that data though they'd do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they'd do the same again. permalink fedilink source parent
[–] SpaceNoodle@lemmy.world 10 points 2 years ago (1 child) Who tf you think was ripped off? permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 9 points 2 years ago (1 child) The broader Facebook userbase, likely including the lawyers. This was years of work for many lawyers. The real issue here is that 725 mil isn't enough of a punishment for how massive Meta is. They net more than that in a month. permalink fedilink source parent hideshow 2 child comments replies: [–] frezik@midwest.social -1 points 2 years ago* (1 child) No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a "contest" so that their lunch is a tax deductible business expense. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 3 points 2 years ago If Facebook made $726M selling that data though they'd do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they'd do the same again. permalink fedilink source parent
[–] FireTower@lemmy.world 9 points 2 years ago (1 child) The broader Facebook userbase, likely including the lawyers. This was years of work for many lawyers. The real issue here is that 725 mil isn't enough of a punishment for how massive Meta is. They net more than that in a month. permalink fedilink source parent hideshow 2 child comments replies: [–] frezik@midwest.social -1 points 2 years ago* (1 child) No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a "contest" so that their lunch is a tax deductible business expense. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 3 points 2 years ago If Facebook made $726M selling that data though they'd do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they'd do the same again. permalink fedilink source parent
[–] frezik@midwest.social -1 points 2 years ago* (1 child) No company on earth would just write off $725M. These are the sort of people who drop a business card in a fishbowl at a restaurant for a "contest" so that their lunch is a tax deductible business expense. permalink fedilink source parent hideshow 2 child comments replies: [–] FireTower@lemmy.world 3 points 2 years ago If Facebook made $726M selling that data though they'd do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they'd do the same again. permalink fedilink source parent
[–] FireTower@lemmy.world 3 points 2 years ago If Facebook made $726M selling that data though they'd do it Sun-Sat. Hell if they made $725M and the math figured they had a 49.9% chance of getting caught they'd do the same again. permalink fedilink source parent