If, prior to December 3, 2012, you or your child are or were a Facebook user in the United States and a Facebook Sponsored Story featured your or your child's name and profile picture, you or you - InvestingChannel

If, prior to December 3, 2012, you or your child are or were a Facebook user in the United States and a Facebook Sponsored Story featured your or your child’s name and profile picture, you or you

This Notice relates to a proposed settlement (“Settlement”) of a class action lawsuit (“Action”) filed against Facebook relating to a particular Facebook feature called “Sponsored Stories.” r child may be a “Class Member” in the Action.

What is the Action about? The Action claims that Facebook unlawfully used the names, profile pictures, photographs, likenesses, and identities of Facebook users in the United States

What is a Sponsored Story? Sponsored Stories are a form of advertising that typically contain posts which appear on facebook.com about or from a Facebook user or entity that a business, organization, or individual has paid to promote so there is a better chance that the posts will be seen by the user or entity’s chosen audience. Sponsored Stories may be displayed, for example, when a Facebook user interacts with the Facebook service in certain ways, such as by clicking on the Facebook “Like” button on a business’s, organization’s or individual’s Facebook page. Sponsored Stories typically include a display of a Facebook user’s Facebook name (i.e., the name the user has associated with his or her Facebook account) and/or profile picture (if the user has uploaded one) with a statement describing the user’s interaction with the Facebook service, such as “John Smith

What relief does the Settlement provide? Facebook will pay $20 million SUBMIT A CLAIM: This is the only way to be eligible to receive a payment, if the Court orders payment to Class Members. The deadline to submit a claim is May 2, 2013 EXCLUDE YOURSELF:  This is the only option that allows you to retain the ability to file a lawsuit about the legal claims in this case. The exclusion deadline is May 2, 2013 OBJECT: Write to the Court about why you object to (i.e., don’t like) the Settlement and think it shouldn’t be approved. The objection deadline is May 2 GO TO A HEARING: The Court will hold a “Fairness Hearing” on June 28, 2013 DO NOTHING:  You will not receive a payment, even if the Court orders payment to Class Members. You will also be giving up your right to bring your own lawsuit related to the legal claims in this case. You will be eligible to receive the non-monetary benefits of the Settlement, if the Settlement is finally approved.

To Parents and Guardians of Children on Facebook: The Settlement also involves the claims of minors featured in Sponsored Stories on Facebook. Please see the Settlement Website for more information. More information? For more information about the Settlement and how to take the actions described above, please visit www.fraleyfacebooksettlement.com or write to the Settlement Administrator at Fraley v.