Call customers to get a one-off payment from a $5.6 million pot directly into their accounts – there is a 30-day window to receive money

THOUSANDS of Americans are in line to get paid after Ring reached a settlement over allegations of violating customer privacy.

But there is only a 30-day window to claim the $5.6 million pot amount.

1

The settlement comes after Ring settled its lawsuit with the Federal Trade Commission.

More than 117,000 payments are being sent via PayPal to affected customers.

Americans who have indoor cameras are in line to receive their check.

Affected Americans were urged to accept payment if they receive a notification.

Customers don’t need to share any details to get paid.

O lawsuitfiled by the FTC in May 2023, accused Ring of misleading Americans.

Ring has faced several accusations, including using videos to train algorithms without consent, according to the lawsuit seen by The US Sun.

The company was also accused of failing to apply security safeguards.

FTC chiefs claimed hackers could take control of customers’ accounts and videos.

“Ring’s disregard for privacy and security exposed consumers to spying and harassment,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection.

“The FTC’s order makes clear that putting profit above privacy does not pay.”

FTC bosses claimed there were egregious privacy violations.

A Ring Spokesperson at the time he disputed the accusations leveled against the company.

The company vehemently denied allegations that it broke the law.

“We take our responsibility to protect the privacy and security of our customers extremely seriously and believe it is important to provide context regarding this agreement,” they stated.

What is a class action settlement?

Class action lawsuits offer groups of people, or “classes,” a way to come together in court.

These lawsuits are often filed by one or a few people who allege that a company or other entity has harmed a large group of people.

When a lawsuit becomes a class action, it extends to all “class members,” or people who may have similar claims to those who filed the lawsuit.

Companies often settle class actions – offering payment to class members who typically waive their right to pursue legal action by accepting money.

These payment agreements often include statements from the defendant denying wrongdoing. Companies tend to settle class actions to avoid the costs of further litigation.

Pollution, discrimination or false advertising are some examples of what can lead to a class action lawsuit at a company’s door.

“We want our customers to know that the FTC’s complaint is based on issues that Ring promptly addressed on its own, long before the FTC began its investigation; mischaracterizes our security practices; and ignores the many protections we have for our customers.”

Customers stressed by bosses can use two-factor authentication to bolster their security.

The company said it has taken measures to protect customer privacy.

In 2021, Ring launched its end-to-end video encryption option.

Customers can also delete videos from their Ring applications any time.

Users can also control who can access the account.

“We work every day to earn and maintain the trust of our customers,” said a spokesperson.

An estimated 10 million Americans have installed a doorbell outside their home.

The US Sun approached Ring for comment.