Lawsuit about more than 'Zoom-bombing': Lawyer Molumphy said the total class size is estimated to swell as large as 5 million to 6 million paid subscribers, and 160 million to 170 million registered users. While eligible non-paying Zoom users will receive at least $15 at base level, those who paid for Zoom will be compensated at a base level of 15% of the money they paid for Zoom during the class period. Wolfson said it's difficult to predict how many class members will apply for the award, making it difficult to determine exactly how much money each person might receive beyond a base level payment. Notice will also be made through various social media sites.

Zoom account-holders who belong to the class will receive email notices within one week to 30 days after the preliminary approval. A hearing on approval is scheduled for Oct.

Zoom users will apply for awards through a website called which Molumphy said will go live about a week after the judge's preliminary approval of the deal. who registered, used, opened, or downloaded the Zoom app between Maand July 30, 2021. Those who can apply for a payment include, with some exceptions, people in the U.S. And, as we know, that’s very, very valuable to those companies.” Who qualifies for a settlement payment? “There's a bargain there, even though you're not paying for the service - which is, you're providing data, unbeknownst to you, to Zoom and third party apps. “Data is the new oil,” Tina Wolfson, another lawyer for the plaintiffs in the case, told Yahoo Finance to explain why non-paying users were included in the settlement. Molumphy said while he’s confident the agreement will receive preliminary approval, the judge is expected to closely scrutinize its unusual elements, including monetary compensation, not only for Zoom's paying customers, but also for customers who opened and used free accounts. “We believe it's a great result, frankly a groundbreaking result,” Mark Molumphy, a lawyer for the plaintiffs from the firm Cotchett, Pitre & McCarthy, told Yahoo Finance on Monday.

Email about zoom class action lawsuit