Media News

Forbes agrees to pay $10 million to settle lawsuit

May 5, 2026

Posted by Chris Roush

Forbes Media has preliminarily agreed to pay $10 million and change its business practices to settle a class action lawsuit filed by plaintiffs who allege its website tracked them across the internet without their consent, reports Suzanne Smalley of The Record.

Smalley reports, “Plaintiffs had alleged that Forbes violated California’s invasion of Privacy Act and Unfair Competition Law by using pen registers and trap and trace devices to collect unique IP addresses and other identifiers from users of its website.

“The trackers installed on the website were developed by LinkedIn and Microsoft, according to the plaintiffs. They collected and sent users’ unique identifiers to the companies and other third parties who then fed the data into ‘large databases to compile and use information about specific users’ browsing and shopping habits across the internet,’ the preliminary settlement agreement said.

“Class members will receive an estimated $32 to $189 each based on the estimated number of claimants, according to the agreement.”

Read more here.

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