After hearing argument earlier this month in a widely followed securities law case concerning risk-factor disclosures of public companies, the ...
Investors allege Meta did not fully disclose the risks that Facebook users’ personal information would be misused by ...
The Supreme Court has dismissed an appeal from Facebook’s owner Meta Platforms of a lawsuit claiming it misled investors in ...
It means Facebook will have to face a class action lawsuit over accusations it misled investors about the Cambridge Analytica ...
A data scientist who helped develop an app that allowed Cambridge Analytica to collect personal information from 80 million Facebook users cannot pursue his defamation claims against the social media ...
[121] [122] On March 16th, 2018, Facebook announced that they would be suspending Startegic Communication Laboratoris (SCL), who owns Cambridge Analytica from the platform. They wrote in a statement: ...
Shareholders have accused the social media giant of misleading them regarding improper data use, stemming from a contentious 2015 incident linked to Cambridge Analytica. Facebook is appealing a ...
Facebook's stock fell following 2018 media reports that Cambridge Analytica had used improperly harvested Facebook user data in connection with Donald Trump's successful U.S. Presidential campaign ...
They claimed the company unlawfully withheld information from investors about a 2015 data breach involving British political consulting firm Cambridge Analytica that affected more than 30 million ...
A group of Facebook investors sued the social media giant in 2018 after its stock price dropped following revelations that the Republican-aligned political consulting firm Cambridge Analytica had ...