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The financial terms were not disclosed in the filing on Friday that asked the judge to put the class-action suit on hold for 60 days until the lawyers for both plaintiffs and Facebook finalize a written settlement.
The four-year-old lawsuit alleged that Facebook violated consumer privacy laws by sharing personal data of users with third parties such as the now-defunct British political consultancy Cambridge Analytica.
Facebook and its lawyers from Gibson, Dunn & Crutcher did not immediately respond to a request for more details regarding the settlement.
Of the two law firms representing the plaintiffs, Keller Rohrback did not comment while Bleichmar Fonti & Auld declined to comment.
