From EPIC.org:
Following a hearing last week, U.S. District Court Judge Seeborg reserved decision about the approval of Facebook’s proposed 9.5 million dollar settlement in a case involving Facebook Beacon. According to the settlement terms, Facebook would contribute about $6 million to the establishment of a privacy organization. Facebook, however, would maintain control over this organization, as Facebook’s top lobbyist would become co-President and all significant decisions would require a unanimous vote. EPIC and several other privacy organizations, including the Consumer Federation of America and the Privacy Rights Clearinghouse, have written a letter to Judge Seeborg, ask him to reject the settlement as proposed. For more information, see EPIC: Facebook Privacy.