Oracle America Faces $115 Million Class Action Settlement
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Overview of the Proposed Class Action Against Oracle America
A federal court has put forward a proposed class action settlement involving Oracle America, Inc. This Settlement aims to resolve claims regarding Oracle's alleged mishandling of individual data. Specifically, it alleges that Oracle captured, compiled, and sold personal information without user consent. Oracle firmly denies these allegations, asserting its practices comply with legal standards and were communicated to users.
Key Details of the Litigation
The litigation in question is titled Katz-Lacabe et al v. Oracle America, Inc., and is being adjudicated in the Northern District of California. The court's decision is pending on whether to grant approval of the proposed Settlement.
Who Qualifies for Inclusion in the Settlement?
Individuals eligible for inclusion are defined as those whose personal information was acquired by any Oracle Advertising technologies between specific timelines. Those involved with Oracle’s various advertising products or services may be included as Settlement Class Members.
Settlement Benefits and Distribution
The Settlement entails a substantial payout of $115 million by Oracle to establish a Settlement Fund for affected individuals. After the deduction of attorney's fees, administrative expenses, and service awards, the remaining funds will be distributed equitably amongst the eligible members.
Financial Breakdown of the Settlement Fund
Class Counsel is seeking the court's approval to allocate up to 25% of the total Settlement Fund for legal fees, amounting to approximately $28.75 million. They will also request reimbursement for expenses incurred during the litigation process that could total up to $225,000. In addition, service awards of $10,000 each for the two Class Representatives named in the litigation are also being proposed.
Steps to Claim Your Payment
To receive a payment from this settlement, individuals must submit a valid Claim Form. This can be done online or via mail, and claims must be made prior to the specified deadline.
Retaining Rights and Other Options
Settlement Class Members have several choices regarding participation. Individuals may exclude themselves from the Settlement if they prefer to pursue claims independently. However, failure to submit a claim form may result in the forfeiture of the right to receive compensation.
Legal Representation and Court Hearing
Settlement Class Members are represented by Class Counsel from the law firm Lieff Cabraser Heimann & Bernstein, LLP. There is no obligation to attend the upcoming Court hearing, where the approval of the Settlement will be discussed.
Further Inquiries and Contact Information
For further information regarding the proposed Settlement, including claim forms and additional details, individuals can reach out to the Settlement Administrator directly through email or phone.
Frequently Asked Questions
What is the basis of the class action against Oracle?
The class action argues that Oracle improperly collected and sold users' personal data without consent.
How much is Oracle paying in the settlement?
Oracle has proposed to pay a total of $115 million as part of the settlement agreement.
Who is eligible to claim from the settlement?
All natural persons residing in the U.S. whose data was captured by Oracle's technologies from a certain date range are eligible.
What is the deadline for submitting a claim?
The deadline to submit a valid Claim Form is set for October 17, 2024.
How will the settlement funds be distributed?
Settlement funds will be distributed on a pro rata basis after court-approved deductions for fees and expenses.
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