Payment size revealed in massive Oracle settlement: Here’s how much you’ll get

(NEXSTAR) – Payments are set to be issued starting Monday in the $115 million class action lawsuit against tech company Oracle that “millions” could have qualified for .

After legal and administrative fees were deducted from the fund, each person who filed a valid claim will receive $37.42, the settlement administrator announced.

The direct payments will start Monday, Sept. 21, and continue rolling out through Monday, Dec. 7. You may receive your share by prepaid debit card, direct deposit, Venmo or Zelle, depending on what you selected when filing.

Oracle is one of the largest tech companies in the U.S., but people may not be as familiar with its softwares because a lot of their work happens behind the scenes.

Banks use Oracle software to manage databases of their customers and customers’ transactions, hospitals may use it to store patient records, and retail businesses use it for inventory and sales.

“In the course of functioning as a worldwide data broker, Oracle has created a network that tracks in real time and records indefinitely the personal information of hundreds of millions of people,” the lawsuit alleged. The information allegedly shared includes online activity, like web browsing history, as well as offline activity, like in-store purchases and geolocation data.

“This process provides Oracle with a virtual panopticon,” the lawsuit claimed.

The lawsuit went on to claim that Oracle sells the personal information it collected to other companies, but because people “lack a direct relationship with Oracle,” they didn’t have any way to consent to the information being shared.

Oracle denied all wrongdoing, but agreed to pay $115 million to settle the claims.

A large number of people, as many as “hundreds of millions ,” were expected to qualify for the class action settlement, but the deadline to file has passed. Affected people should have already been notified their payment is on the way by email.