Supreme Court tosses Facebook appeal in shareholder lawsuit arising from Cambridge Analytica data breach
In tossing the appeal, the Supreme Court leaves in place a decision from the U.S. Court of Appeals for the 9th Circuit in ...
Supreme Court allows shareholder lawsuit against Facebook to go forward
The lawsuit was brought by investors who claim they were misled by the social media giant about risks from a massive data ...
Supreme Court throws out Facebook appeal in shareholders' fraud suit
The Supreme Court has dismissed an appeal by Meta Platforms/Facebook (NASDAQ:META) that was seeking to put an end to a ...
The Star8d
Meta shareholder lawsuit over user privacy revived by appeals court
Facebook paid more than $5 billion in penalties to U.S. authorities over the Cambridge Analytica scandal and paid $725 million to settle a lawsuit by Facebook users. (Reporting by Jody Godoy ...
Fox Business13d
Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit
The Supreme Court dealt a setback Friday to Facebook’s owner Meta Platforms by dismissing their appeal of a securities fraud lawsuit accusing the tech giant of misleading investors during the ...