By love-89.com In a recent report by KTLA 5 in Los Angeles, Oracle, one of America’s largest tech companies, has agreed to pay $115 million to settle allegations of selling information to third parties, thereby infringing on the privacy of many individuals. The deadline for filing claims in this lawsuit is October 17 (Thursday) at 11:59 PM Pacific Time, just a few days away. Remarkably, “hundreds of millions of people” are eligible to receive cash compensation.
While many may not be familiar with Oracle’s software products, they play crucial roles in various sectors. For instance, banks leverage Oracle systems to manage customer databases and transaction information, hospitals use them for storing patient records, and retailers rely on Oracle for inventory sales management.
The lawsuit asserts that Oracle tracked the personal information of “hundreds of millions” of individuals through these databases and software, including details about their search histories, purchases, and locations. It claims that Oracle sold this collected data to other companies, yet many individuals had no direct relationship with Oracle and thus no means to consent to the sharing of their information.
Despite maintaining that it has done nothing wrong, Oracle has agreed to this significant settlement.
Individuals who have resided in the U.S. since August 19, 2018, and whose personal data was “obtained, captured, or otherwise collected through Oracle Advertising technologies, including through ID Graph, Data Marketplace, and any other Oracle Advertising products,” are eligible to file a claim for compensation.
However, navigating the criteria for eligibility may be challenging for some. Certain affected individuals have already been notified via email, but even those who haven’t received communication can submit a claim. To begin the process, individuals can visit https://www.katzprivacysettlement.com/submit-claim and provide their name, address, and contact information. If their claim is approved, payments can be received via direct deposit to a bank account, prepaid debit cards, or platforms like Venmo or Zelle.
Disbursement of funds will occur after the court grants final approval for the settlement. A hearing for this approval is scheduled for November 14, and any appeals or objections may delay the payment process.