In tossing the appeal, the Supreme Court leaves in place a decision from the U.S. Court of Appeals for the 9th Circuit in ...

The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud ...

The lawsuit was brought by investors who claim they were misled by the social media giant about risks from a massive data ...

A shareholder lawsuit claims Mark Zuckerberg’s Facebook unlawfully withheld information from investors about a 2015 data breach involving British political consulting firm Cambridge Analytica ...

Glen Carrie/Unsplash In 2018, the lead defendant filing a class-action lawsuit argued that Facebook had committed ... The Cambridge Analytica scandal led to shareholder suits but also ...

The Supreme Court considered Wednesday a bid from Facebook to block a shareholder lawsuit over the Cambridge Analytica data scandal from moving forward. Shareholders sued the social media company ...

A Facebook shareholder is suing the social media giant ... Fan Yuan, who owns Facebook stock, filed a lawsuit Tuesday in the District Court of Northern California, located in San Francisco ...

The justices took up Facebook's appeal of a lower court's decision allowing a shareholder lawsuit brought in California and led by Amalgamated Bank to proceed. The court will hear the case in its ...