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 lawsuit was brought by investors who claim they were misled by the social media giant about risks from a massive data ...
The Supreme Court has dismissed an appeal by Meta Platforms/Facebook (NASDAQ:META) that was seeking to put an end to a ...
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 ...
The US Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading ...