TikTok users from the United States may be eligible to be part of a settlement worth $92 million to settle an action class-action lawsuit regarding TikTok privacy concerns.
The Class for the entire country comprises those who lives within the United States who used the TikTok app prior to October. 1st 2021. The Illinois Subclass consists from Illinois residents who have used the app prior to October. 1st, 2021.
The plaintiffs of the TikTok privacy class action lawsuit have accused defendantsthe defendants – TikTok Inc. which was previously named Musical.ly Inc.; ByteDance Inc.; Musical.ly, now named TikTok Ltd. as well as Beijing ByteDance Technology Co. Ltd. -of storing and using the personal information of users as a result of usage of this application without necessary consent or notice which is a violation of federal and state law.
The video-sharing app that is a hit had 1.25 billion daily users on September according to CNBC.
The Court has declined to rule against any side in this instance and the defendants have denied any allegations of misconduct.
Instead the parties have reached an agreement in order to reduce the cost and uncertainty that come in bringing the case to trial.
After the attorneys fees and other costs are taken out of funds from the settlement account, the Class members who have filed an appropriate claim will be entitled to an appropriate portion of the remaining.
Illinois residents who have used the application in Illinois to create videos could be eligible for the equivalent of six times more than non-Illinois residents due to specific claims that were made within the suit filed by the group.
Class Members are allowed to file only one claim.
The final hearing for approval of the TikTok class action for privacy of data settlement is scheduled on May 18, 2022.
Anyone who wants to be excluded from or refuse to accept the settlement should be done so by Jan. 31st 2022.
The deadline for filing claims is March 1st, 2022.
The class that is nationwide includes people who lives anywhere in the United States who used the TikTok application prior to October. 1, 2021.