Facebook wins preliminary OK of ‘Sponsored Stories’ settlement

Facebook has won preliminary approval of a proposed settlement of a class-action lawsuit filed over the social network’s use of members’ names and images in advertising.
Under the settlement’s terms, Facebook agreed to pay $10 to each user who objected to being included in the social network’s “Sponsored Stories” advertisements, as well to initiate user controls that allow people to be excluded from the program.
U.S. District Judge Richard Seeborg said today that the settlement “has no obvious deficiencies” and “appears to be the product of serious” negotiations between lawyers for…

Excerpt from: Facebook wins preliminary OK of ‘Sponsored Stories’ settlement

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