Facebook pitches new $20 million “Sponsored Stories” settlement
(Reuters) – Facebook Inc has proposed a revised $20 million settlement in a class action lawsuit accusing it of violating the rights of users through its "Sponsored Stories" advertising feature after a U. S. judge rejected an earlier accord. The new settlement agreement, filed Saturday in U. S. District Court in San Francisco, drops provisions setting aside up to $10 million for plaintiffs lawyers’ fees and allows users to apply for a cash payment of up to $10 each. U. S. . . .
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