You may also be harmed by Oracle’s 115 million settlement for privacy violations, deadline for claims on the 17th
In a recent report by KTLA 5 in Los Angeles, Oracle, one of America’s largest technology companies, has agreed to pay $115 million to settle allegations of violating privacy by selling information to third parties. The deadline for claims related to this lawsuit is fast approaching, with a cut-off date of October 17 (Thursday) at 11:59 PM Pacific Time. Thousands of millions of individuals may be eligible for cash compensation.
Many people may not be familiar with Oracle’s software products as they often do not cater directly to consumers. In fact, banks utilize Oracle software to manage customer databases, hospitals store patient records using their platforms, and retailers use Oracle systems for inventory sales.
The lawsuit claims that through these databases and software, Oracle tracked the personal information of “millions of people,” including their search history, purchase history, and location data. It further alleges that the company sold this data to other companies despite most individuals having no direct relationship with Oracle, leaving them without a means to consent to the sharing of their information.
Oracle maintains that it has done nothing wrong but has nonetheless agreed to the $115 million settlement.
Individuals who resided in the U.S. starting from August 19, 2018, and whose personal data was “acquired, captured, or otherwise collected by Oracle Advertising technology, or was served through ID Graph, Data Marketplace, or any other Oracle Advertising products for sale or usage,” are eligible to make a claim for compensation.
However, the criteria for eligibility may confuse some potential claimants. While some impacted individuals have received notifications via email, even those who haven’t can still submit a claim form. To apply, individuals need to visit https://www.katzprivacysettlement.com/submit-claim and provide their name, address, and contact information. Upon approval of their application, individuals can receive payment through direct bank deposits, prepaid debit cards, Venmo, or Zelle.
Payments will be disbursed after the settlement receives final court approval, with a hearing scheduled for November 14. Any appeals or objections may delay the disbursement process.