TikTok Agrees to Pay $92 Million to Settle Lawsuit Alleging Data Theft
CHICAGO, 3rd March 2021-- US-based law firms will receive a $92 million proposed class action settlement on behalf of users of the TikTok app.
The settlement, if approved by the court, would resolve claims that the social media company wrongfully collected its users’ biometric information and private data, and disclosed that information to third parties.
In addition to creating a monetary fund for TikTok users, the settlement requires that TikTok initiate a new privacy compliance training program and take other steps to protect its users’ privacy going forward.
TikTok is a video-sharing social network that has denied any privacy violations, the class action lawsuit contended that the app collects and discloses personal data in violation of the Illinois Biometric Information Priva...