United States: A long-running lawsuit against Facebook for allowing third parties, such as Cambridge Analytica, to access users' personal information, has reached a preliminary settlement.

Facebook has requested a stay of 60 days of proceedings to finalize a draft "in-principle agreement," according to a document filed Friday in a San Francisco court.

The social media platform made no mention of terms related to settlement amounts or class action.

Late on Saturday, in response to a question from the agency France-Presse, Facebook said they had "no comment to share at this time."

The settlement was struck at the same time that META chief Mark Zuckerberg and former COO Sheryl Sandberg, who resigned in June, were scheduled to testify in court in September in relation to the scandal.

Facebook users claimed in a 2018 lawsuit that the social network violated privacy laws by disclosing their information to third parties, including the business Cambridge Analytica, which was linked to Donald Trump's 2016 campaign.

Without their knowledge, Cambridge Analytica—which has since folded—collected and used the personal information of 87 million Facebook users to which the social media platform had given it access.

This data is allegedly used to create software that manipulates American voters to support Trump.

Federal officials conducted independent oversight of Facebook's personal data management in 2019 and fined the company $5 billion for misleading its users.

Facebook has restricted the amount of information available to developers, removed access to its data from thousands of apps suspected of misuse, and allowed users to share their personal data since the Cambridge Analytica scandal broke. Setting limits made easy.

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