The Oracle data privacy settlement created a $115 million fund to compensate affected individuals, but the exact payout per person depends on several factors, including the number of valid claims filed and deductions for attorney fees and administrative costs. While the total fund is substantial, individual payments are expected to be modest on a per-claimant basis.
Estimated Payout Per Person
Attorneys representing the plaintiffs have indicated that each eligible claimant can expect to receive approximately $25 per person on average from the settlement, though this is subject to the total number of valid claims processed. The settlement agreement does not guarantee a fixed amount per claimant because the net settlement fund—after deducting fees and costs—will be divided pro rata among all valid claimants.
Given the deductions for attorney fees (up to roughly $28.75 million) and administrative expenses, the remaining amount available for distribution is less than $90 million. Should millions of claims be approved, individual payments could range generally between $15 and $30, but the exact figure will only be finalized after the claim deadline and verification process close.
Factors Affecting Individual Compensation
The payout amount per claimant is influenced by the total number of valid claims submitted. A higher rate of claim submissions reduces the share per person, while fewer claims increase it. Additionally, class representatives receive service awards deducted from the fund, slightly reducing the amount distributed to claimants.
The settlement administrator will allocate payments equally among approved claimants. Claimants will receive their compensation through a variety of payment methods, including prepaid debit cards, ACH transfers, Venmo, Zelle, or paper checks.
Key Dates and How to Maximize Your Chances
Eligible individuals had until October 17, 2024, to submit claims in order to participate in the settlement. Claimants should ensure their filings were complete and accurate to avoid rejection and maximize their chances of receiving the payout. No new claims are accepted after the deadline.
After the claim submission period, the court will review and approve the final allocations. Payments will be issued only after the final approval and resolution of any objections or appeals. Claimants are encouraged to monitor official settlement communications for updates on payment timelines.
Summary
In summary, each claimant in the Oracle settlement should anticipate an estimated payout of around $25, but the final payment depends on claim verification, fees, and total claims submitted. While the amount may be modest, the settlement represents significant recognition of privacy harms and a precedent for accountability in data protection.
