$115M Oracle privacy class action settlement

A $115 million Oracle settlement resolves claims the company illegally collected personal information from the internet and sold it to third parties for advertising.

The settlement benefits individuals whose personal information Oracle collected or made available through ID Graph, Data Marketplace or another Oracle advertising product since Aug. 19, 2018.

According to the class action lawsuit, Oracle tracked web activity, in-store purchases, geolocation and other personal information without consumer consent. The company allegedly sold this information to third parties for advertising use.

Oracle is a cloud applications provider that partners with companies such as Uber, AMC, MGM Resorts and more.

Oracle hasn’t admitted any wrongdoing but agreed to a $115 million settlement to resolve the data privacy class action lawsuit.

Under the terms of the Oracle settlement, class members can receive an equal share of the net settlement fund. Exact payments will vary depending on the number of claims filed, the amount deducted for fees and other factors. No payment estimates are available at this time.

Oracle also agreed not to capture user-generated information from referrer websites or forms on its own websites. Additionally, the company will implement an audit program to review its privacy obligations.

The deadline for exclusion and objection is Oct. 17, 2024.

The final approval hearing for the settlement is scheduled for Nov. 14, 2024.

To receive Oracle settlement benefits, class members must submit a valid claim form by Oct. 17, 2024