**Oracle Settles Class Action Lawsuit for $115 Million Over Data Tracking Allegations**
Oracle has reached a settlement agreement of $115 million in a class action lawsuit alleging the company tracked consumer activity both online and offline without consent. The lawsuit claims that Oracle collected, compiled, and sold personal data to third parties without the knowledge of individuals.
While Oracle asserts that its data practices were lawful and disclosed, the settlement does not imply any admission of wrongdoing. The $115 million will be allocated to a settlement fund that allows individuals residing in the United States from August 19, 2018, to the present to file claims if they believe they were affected.
The settlement fund will also cover up to $28.75 million in attorneys’ fees and related costs. Eligible claimants will receive an equal share of the settlement amount, which will vary depending on the total number of claims filed.
Individuals who engaged in online browsing, used geolocation services, or made electronic in-store purchases during the six-year period may qualify for compensation. The lawsuit alleges that Oracle Advertising improperly collected personal data from these activities and sold or made it available to third parties through its products, including ID Graph and Data Marketplace.
The court is scheduled to hold a hearing on November 14, 2024, to decide on the approval of the proposed settlement. Claims can be submitted online via the official settlement website or by mail, with a deadline of October 17, 2024.
By: Montana Newsroom staff
