Facebook Class Action Settlement

On April 4, 2025, the British Columbia Supreme Court made the following directions:

1. The Claims Administrator, MNP Ltd., shall issue a second e-transfer (the “Second Payment”) to 439,850 previously approved class members that did not accept their initial settlement fund distribution during the 30-day period stipulated for acceptance, and did not otherwise inform MNP Ltd. of a decision not to accept such payment (the “439,850 Claimants”).
2. The Second Payment shall be limited to each of the above 439,850 Claimant’s pro-rata share of settlement funds held in MNP’s trust account (being the settlement funds remaining after the prior settlement distribution, together with any accrued interest), less MNP’s professional fees and disbursements incurred for this Second Payment distribution, and less all applicable federal or provincial taxes payable by the Class or the representative plaintiff or which must be remitted by MNP or Class Counsel on account of MNP’s fees and disbursements or on account of interest accrued on funds held in trust, or as may be payable on account of Class Counsel’s approved holdback for fees pursuant to the Court’s order entered on May 21, 2024.
3. Any Second Payment issued by MNP that is not deliverable to or retrieved by any of the 439,850 Claimants within 60 days of issuance will become stale-dated, ineligible for redemption, and shall not be reissued.
4. MNP will deliver a further report to the Court to advise on the Second Payment following completion of distribution of the Second Payment which will include information on any residual funds remaining after completion of the Second Payment distribution.
5. Any residual funds that remain after the Second Payment will be distributed to cy-près, pursuant to the terms of the Settlement Agreement, and subject to further order of the Court.

An entered copy of the Court’s directions will be posted here upon receipt.