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Facebook, Supreme Court

CBS News on MSN · 1d

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 favor of Facebook shareholders. They had filed a securities fraud lawsuit against Facebook for allegedly misleading them in financial filings about the risks stemming from the massive data breach by Cambridge Analytica.

The Hill on MSN · 1d

Supreme Court drops Facebook’s appeal of investor suit in Cambridge Analytica scandal

The Supreme Court on Friday tossed Facebook’s appeal in a securities lawsuit against the social media giant, indicating the court shouldn’t have taken up the case. The unsigned, one-sentence opinion contained no explanation and said the case was “dismissed as improvidently granted.

Fox Business on MSN · 1d

Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit

The Supreme Court has dismissed an appeal from Facebook’s owner Meta Platforms of a lawsuit claiming it misled investors in violation of the Securities Exchange Act.

Justices dismiss Facebook-Cambridge Analytica data breach dispute

This morning the justices dismissed Facebook v. Amalgamated Bank as “improvidently granted” – that is, without issuing a ...

Meta Faces Multibillion-Dollar Lawsuit Over Cambridge Analytica Scandal

A class-action lawsuit against Meta, the parent company of Facebook, is allowed to proceed. The lawsuit involves the ...

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