Facebook Fair Fund
Administered by RCB Fund Services LLC
July 2026 Update
The Distribution Agent has completed its review of all claims submitted to the Facebook Fair Fund. We appreciate the patience and cooperation of claimants throughout the claims administration process.
In the coming weeks, Final Determination Notices will be issued to all claimants. These notices will inform each claimant of the final determination regarding their claim, including whether the claim has been approved or denied. This will constitute the final determination regarding the status of each claim. Following the issuance of Final Determination Notices, the Distribution Agent anticipates commencing distributions to eligible claimants later this summer or in early fall 2026.
Claimants are encouraged to continue monitoring this website for additional announcements regarding the distribution process and other important case developments.
Thank you for your continued patience as we complete the final stages of the administration.
Welcome to the Facebook Fair Fund Website
On July 24, 2019, the U.S. Securities and Exchange Commission (“SEC” or “Commission”) commenced an action against Facebook, Inc. (“FB”).[1] The Commission alleged, among other things, that Facebook made misleading statements in its public filings from 2016 until mid-March 2018 about the misuse of its users’ data.
The Final Judgment ordered FB to pay a $100 million civil penalty. By Order dated August 17, 2020, the Court created a Fair Fund pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002 (the “FB Fair Fund”) to be used to distribute the penalty to investors harmed by FB’s alleged misleading disclosures regarding the risk of misuse of FB user data. The August 17, 2020 Order also appointed RCB Fund Services LLC, as the Distribution Agent for the FB Fair Fund to oversee all aspects of the administration and distribution of the Fair Fund.
On April 25, 2022, the Court approved a plan of distribution for the FB Fair Fund. The plan of distribution sets forth the eligibility criteria and other rules governing the administration and distribution of the FB Fair Fund.
[1] Facebook, Inc. is now known as Meta Platforms, Inc.
If you purchased FB common stock on a U.S. exchange during the period from January 28, 2016 through the close of the market on March 19, 2018, you may be eligible for compensation from the FB Fair Fund.
File Your Claim Online
Submit your claim using a simple online claims process.
Questions regarding eligibility?
Please visit the FAQs for answers to the most commonly asked questions.
Need to talk to someone?
We’re here to help. US based support, Monday thru Friday, 8:30am to 5pm EST.