Supreme Court to hear Facebook's bid to toss shareholder suit over Cambridge Analytica scandal
Briefly

from New York Post3 months ago
The US Supreme Court agreed to hear Meta's Facebook appeal on a securities fraud lawsuit accusing Facebook of misleading investors regarding user data.
New York Posthttps://nypost.com/2024/06/10/business/scotus-to-hear-facebooks-bid-to-toss-shareholder-suit-over-cambridge-analytica-scandal/
Plaintiffs filed lawsuit after stock drop due to Cambridge Analytica scandal, claiming Facebook made false statements about data privacy leading to stock decline and subsequent breach incidents.
New York Posthttps://nypost.com/2024/06/10/business/scotus-to-hear-facebooks-bid-to-toss-shareholder-suit-over-cambridge-analytica-scandal/
Read at New York Post
#us-supreme-court #meta #facebook #securities-fraud #cambridge-analytica
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