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• A Settlement has been reached with Forbes Media LLC (“Forbes”/ “Defendant”) in a class action lawsuit which alleges that from December 20, 2023 through June 11, 2026, Forbes collected Settlement Class Members’ IP addresses and/or unique identifiers without their consent using trackers present on Forbes’ websites (“Trackers”) and shared that data with third parties, in violation of Section 638.51(a) of the California Invasion of Privacy Act (“CIPA”) and the California Unfair Competition Law. Forbes denies these allegations and denies any wrongdoing.
• The Settlement Class includes all California residents who, from December 20, 2023 to June 11, 2026, accessed websites owned or controlled by Forbes and had their IP addresses and/or unique identifiers shared with third parties as a result of the Trackers present on Forbes' websites.
• Under the proposed Settlement, Forbes will pay $10,000,000 into a Settlement Fund to resolve the lawsuit. The Settlement Fund will be used to pay for Administration Costs, any Court-awarded Attorneys’ Fees and Costs and Incentive Awards, and payments to Settlement Class Members.