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Facebook, Supreme Court
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 ruling on the merits, and instead signaling that it was a mistake to grant review.
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.
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 breach.
Facebook's Legal Hurdles: Supreme Court Declines Involvement in Data Fraud Case
The U.S. Supreme Court declined to rule on a Facebook securities fraud lawsuit, letting a lower court decision allowing the case to proceed stand. The case involves allegations that Facebook misled investors about a data breach linked to Cambridge Analytica,
US Supreme Court tosses case involving securities fraud suit against Facebook
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the misuse of the social media platform's user data.
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.
Supreme Court dismisses Facebook class-action lawsuit appeal
The U.S. Supreme Court on Friday dismissed an appeal by Facebook as the social media company attempts to shield itself from a class-action lawsuit related to the Cambridge Analyitica data privacy scandal.
SCOTUS tosses out securities fraud case against Facebook
CNBC's Eamon Javers joins 'Squawk on the Street' to report on the Supreme Court tossing out the securities fraud case against Facebook.
5d
Facebook Data Breach Fallout—Millions May Receive Compensation
This ruling represents a seismic shift in how tech companies may be held accountable for data protection failures.
5d
Facebook users affected by data breach eligible for compensation, German court says
A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and 2019 were eligible for ...
DPA International on MSN
5d
German court rules Facebook users can claim money over data breach
A German court ruled on Monday that Facebook users affected by extensive data theft at the platform a few years ago should ...
4d
German Court Finds Facebook Must Pay Users for Data Breach, But Less Than Expected
The Federal Court of Justice recognises user rights to non-material damages following a massive data breach but plaintiffs' ...
techtimes
5d
Facebook Hit With Court Ruling: German Users to Get Cash for 2018-2019 Data Breach
A German court ruled Facebook must compensate users whose data was hacked in 2018-2019, even without proof of financial loss.
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