What is the Settlement About?
The class action lawsuit against Oracle alleged that from August 19, 2018, to the present, the company improperly tracked both online and offline activities. This included monitoring users’ web browsing, geolocation, and in-store purchases, and subsequently selling or making this data available to third parties through Oracle’s advertising technologies, such as ID Graph and Data Marketplace.
Oracle has agreed to a $115 million settlement to resolve these allegations. However, it’s important to note that the company denies any wrongdoing, and no court has determined Oracle’s liability.
Why is Oracle Settling?
Settling a class action lawsuit often helps companies avoid the costs and uncertainties associated with a prolonged trial. While Oracle has agreed to the settlement, it does not equate to an admission of guilt. The final approval of the settlement is pending, with a hearing scheduled for November 14, 2024.
Who is Eligible for Compensation?
If you are a U.S. resident and your personal information was collected by Oracle’s advertising technologies or sold through its platforms between August 19, 2018, and the present, you might be eligible for compensation. Specifically, eligibility extends to anyone whose data was acquired, captured, or made available for use or sale through Oracle’s ID Graph, Data Marketplace, or other advertising services.
How Much Can You Receive?
The exact amount each eligible claimant will receive is not yet determined. Out of the $115 million settlement, up to $28.75 million may be allocated for attorney fees and other legal costs. The remaining funds will be distributed on a pro-rata basis to all valid claimants, meaning the amount each person receives will depend on the total number of claims filed.
How to File a Claim
To claim your share of the settlement, follow these steps:
- Visit the Official Settlement Website: You can file a claim online through the settlement website. Click here to access the settlement website.
- Submit Your Claim: Fill out the online claim form with the necessary details about your online and offline purchases.
- Mail-in Claims: If you prefer to file a claim by mail, you can find the necessary forms and instructions on the settlement website.
Important Deadline: Claims must be filed by October 17, 2024. Be sure to submit your claim before this date to ensure you are considered for compensation.
Where to Find More Information
For detailed information about the settlement, including filing instructions and important dates, visit the official settlement website. You can also access court documents related to the lawsuit for further details.
Official Settlement Website: Access the settlement website here.
Conclusion
The Oracle $115 million settlement represents a significant step in addressing privacy concerns related to data collection and sales. If you have made online or offline purchases since August 2018, it’s worth checking if you qualify for compensation. Ensure you file your claim by the October 17 deadline to secure your potential payout. For more information, visit the official settlement website and stay informed about the process.
