New Mexico Judge Directs Meta to Pay $25 Billion in Cambridge Analytica Lawsuit
Judge Orders Meta to Pay $25 Billion Due to Data Scandal A judge in New Mexico has ruled that Meta, the parent company of Facebook, must pay $25 billion in penalties related to its handling of the Cambridge Analytica scandal, according to court documents released on Wednesday. As reported, New Mexico District Court Judge Francis […]
Meta faces a $25 billion fine in the Cambridge Analytica incident in New Mexico
Meta Hit with $25 Billion Penalty Over Data Privacy Violations A judge in New Mexico has ordered Meta, the company founded by Mark Zuckerberg, to pay a staggering $25 billion for misleading users regarding data privacy related to the Cambridge Analytica scandal. This significant ruling concluded a case initiated by the state’s attorney general in […]
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 […]