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Tuesday, 4 December 2012 - Judge gives initial OK to revised Facebook privacy settlement |
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See the best of Reuters photography.  See more | Photo caption  Congo's rebels Government forces re-established control over Goma after the M23 rebels withdrew.  Slideshow  The pregnant princess Kate Middleton has revealed she is expecting.  Slideshow  Sponsored Links Judge gives initial OK to revised Facebook privacy settlement Tweet Share this Email Print Related News Facebook to share data with Instagram, loosen email rules Wed, Nov 21 2012 Facebook takes another shot at settling privacy lawsuit Thu, Nov 15 2012 Facebook stock jumps 12.6 percent as share lockup expires Wed, Nov 14 2012 Toyota agrees to $25.5 million U.S. investor lawsuit settlement Wed, Nov 14 2012 Retail credit card fee settlement gets preliminary OK Fri, Nov 9 2012 Analysis & Opinion Defense firm vows to put an end to new wave of say-on-pay suits How Argentina lost game of chicken with renegade bondholders Related Topics Tech » Media » Facebook » The Facebook logo is displayed on a computer screen in Brussels April 21, 2010. Credit: Reuters/Thierry Roge By Jessica Dye Mon Dec 3, 2012 10:09pm EST (Reuters) - A U.S. judge on Monday gave his preliminary approval to a second attempt by Facebook Inc to settle a class action lawsuit which charges the social networking company with violating privacy rights. U.S. District Judge Richard Seeborg in California rejected a settlement in August over Facebook's 'Sponsored Stories' advertising feature, questioning why it did not award money to Facebook members for using their personal information. But in a ruling handed down Monday, Seeborg said a revised settlement "falls within the range of possible approval as fair, reasonable and adequate." In a revised proposal, Facebook and plaintiff lawyers said users now could claim a cash payment of up to $10 each to be paid from a $20 million total settlement fund. Any money remaining would then go to charity. The company also said it would engineer a new tool to enable users to view content that might have been displayed in Sponsored Stories and opt out if they desire, a court document said. If it receives final approval, the proposed settlement would resolve a 2011 lawsuit originally filed by five Facebook Inc members. The lawsuit alleged the Sponsored Stories feature violated California law by publicizing users' "likes" of certain advertisers without paying them or giving them a way to opt out. The case involved over 100 million potential class members. A spokesman for Facebook said the company was "pleased that the court has granted preliminary approval of the proposed settlement." Lawyers for the plaintiffs weren't immediately available for comment Monday evening. Outside groups and class members will have a chance to object to the latest settlement before Seeborg decides whether to grant final approval. A hearing on the fairness of the deal has been set for June 28, 2013. The case in U.S. District Court, Northern District of California is Angel Fraley et al., individually and on behalf of all others similarly situated vs. Facebook Inc, 11-cv-1726. (Reporting by Jessica Dye; Editing by Michael Perry) Tech Media Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

    Other News on Tuesday, 4 December 2012
    Russia, China urge North Korea to drop rocket launch plan |
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    Israel says will stick with settlement plan despite condemnation |
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    Typhoon Bopha slams Philippines south, destroys homes, one dead |
    Indian navy ready to deploy to South China Sea as tensions climb |
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    Japan candidates hit streets in first national vote since Fukushima disaster |
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    Yahoo sees several flaws in $2.7 billion Mexico ruling: source |
    Judge gives initial OK to revised Facebook privacy settlement |
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    Qualcomm may become Sharp's biggest shareholder: sources |
    On the run, software guru McAfee says left Belize, won't surrender |
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    Ericsson seeks U.S. import ban on Samsung products |
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    Netanyahu's Israeli settlement push could be ballot box boon |
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    Slovenia police arrest 141 in violent anti-austerity protests |
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    London Mayor demands pared back EU links for Britain |
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