A California judge has approved a $9.5-million settlement of a class-action suit against Facebook that calls on the social-media site to create a privacy-rights trust fund, reports the Los Angeles Times.

The fund will distribute more than $6-million in grants to organizations that study online privacy. The company also agreed to end its Beacon program, which published information about user purchases, prompting the 2008 lawsuit.

Privacy advocates have criticized the settlement because a Facebook executive will have a seat on the new charity’s three-member board.

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