Deadline to file claim in Facebook’s data privacy settlement is Friday

(CNN) - Time is running out for eligible Facebook users to file a claim in a data privacy settlement.

Facebook’s parent company Meta agreed to pay $725 million in December to settle a host of privacy-related class action lawsuits.

The lawsuits alleged third parties had access to private user information.

Eligible users have until the Aug. 25 deadline to file a claim.

In order to be eligible, Facebook users must have had an account at any point between May 24, 2007 and Dec. 22, 2022.

The amount users could receive in a payment will depend on how long the account was held and how many users file a claim.

Administrative, legal and court costs will also be deducted from the overall settlement fund.

The final approval hearing for the settlement is scheduled for Sept. 7.