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The lawyers said in the filing that the $725 million settlement is the largest data-privacy recovery in history and the largest private settlement Facebook has ever agreed to. Meta and an outside lawyer for the company from Gibson, Dunn & Crutcher did not immediately respond to requests for comment on the fee request on Thursday. While a 25% fee amounts to $181,250,000, the fees paid from the settlement fund would be about $180,449,782, the lawyers wrote. The company and its outside law firm, Gibson Dunn, already paid about $800,217 in sanctions, which can be deducted from the total fees, they wrote. The company did not admit wrongdoing as part of the settlement, which the judge granted preliminary approval of in March.

Persons: Keller Rohrback, Fonti, Auld, Derek Loeser, Lesley Weaver, Bleichmar Fonti, Dunn, Crutcher, Gibson Dunn, Vince Chhabria, Meta, Read, Sara Merken, Leigh Jones Organizations: San, Facebook, Meta, Gibson, U.S, Cambridge, Thomson Locations: San Francisco federal

Feb 9 (Reuters) - A U.S. judge on Thursday sanctioned Meta Platforms Inc (META.O) and its law firm, Gibson, Dunn & Crutcher for “delay, misdirection and frivolous arguments” in a data privacy lawsuit over the company’s sharing of user information with third-parties. Representatives for Gibson Dunn and Facebook did not immediately respond to requests for comment. Los Angeles-founded Gibson Dunn has represented the company in numerous matters. The court had ordered Facebook to turn over data it had collected on the plaintiffs in the case, regardless of whether it had been shared. The case is IN RE: Facebook, INC. Consumer Privacy User Profile Litigation, U.S. District Court for the Northern District of California, No.

Companies Meta Platforms Inc FollowDec 23 (Reuters) - Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. "Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program," Meta said. The users' lawyers alleged that Facebook misled them into thinking they could keep control over personal data, when in fact it let thousands of preferred outsiders gain access. Facebook argued its users have no legitimate privacy interest in information they shared with friends on social media. But U.S. District Judge Vince Chhabria called that view "so wrong" and in 2019 largely allowed the case to move forward.

Companies Meta Platforms Inc FollowDec 23 (Reuters) - Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. "Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program," Meta said. The ensuing Cambridge Analytica scandal fueled government investigations into its privacy practices, lawsuits and a high-profile U.S. congressional hearing where Meta Chief Executive Mark Zuckerberg was grilled by lawmakers. The users' lawyers alleged that Facebook misled them into thinking they could keep control over personal data, when in fact it let thousands of preferred outsiders gain access. Facebook argued its users have no legitimate privacy interest in information they shared with friends on social media.

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