Facebook held responsible for misleading users in Cambridge Analytica controversy
New Mexico Jury Finds Facebook Liable for Deceptive Practices A jury in New Mexico decided on Friday that Facebook had misled users regarding the privacy measures on its platform, marking another significant legal blow for the tech giant, which has already faced substantial financial consequences. The jury identified over 43 million infringements of the state’s […]
SCOTUS hears Facebook bid to toss shareholder suit over Cambridge Analytica scandal
The U.S. Supreme Court on Wednesday weighed in on Meta Inc.'s Facebook's bid to quash a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading about its misuse of user data. The justices heard arguments in Facebook's appeal of a lower court's decision to allow a 2018 class action […]
Supreme Court hears Facebook's bid to block Cambridge Analytica shareholder suit
The Supreme Court on Wednesday considered Facebook's bid to block shareholder lawsuits over the Cambridge Analytica data scandal from proceeding. After the scandal became widely known in 2018, shareholders on social media accused Facebook of misleading investors by not mentioning Cambridge Analytica's misuse of user data in previous securities filings. sued the company. The tech […]