Facebook agrees to pay as many as 2 million users $10 each in settlement

From Business Insider:

Facebook Inc. persuaded a judge to grant preliminary approval of a $20 million settlement of a lawsuit claiming it used subscribers’ names without their permission to advertise products in its “Sponsored Stories.”

Under the revised settlement, users can claim a $10 payment, and funds left over will go to advocacy groups. An earlier settlement proposed by the company would have given users no payment, while lawyers for plaintiffs would receive as much as $10 million, according to filings in federal court in San Francisco.

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