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hey everybody its Lon seidman over the last couple of weeks weve been digging into class action settlements in the wake of me getting a check with the wrong name on it from some Apple lawsuit that was settled a little while ago and if you are a Facebook user you likely got this notice on your phone about a privacy lawsuit that has been settled and they want to give you money I have made the decision to opt out of this settlement Im going to tell you why because ultimately the lawyers and Facebook make out really great here and we do not lets get to it now before we dive into the mechanics of this settlement I thought it might be helpful to look at what this lawsuit is all about so on a Friday two days before Christmas in 2022 Facebook announced that they were going to pay out 725 million dollars to settle this lawsuit by the way if you want to release bad news without it impacting your stock price a Friday is always a good day to do it because the investors have two days to think a