TikTok is seeking preliminary approval of a class-action settlement with terms that would require the video sharing platform to establish a $92 million settlement fund and create a new compliance framework, including a “newly designed data privacy compliance training program for all TikTok employees and contractors,” according to court documents.

TikTok, an app popular with children and teenagers and owned by Chinese company ByteDance, is no stranger to legal battles around the world concerning user privacy. In the proposed settlement, filed Thursday in U.S. District Court for the Northern District of Illinois, TikTok noted it had to overcome “unique defense-side political and settlement pressures” and referred to the payout as being “among the nation’s highest privacy-related settlements,” consisting of a class of 89 million U.S. users.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...