U.S. District Court Judge Edward Davila ruled that investors had failed to claim that Facebook had intentionally given false information that caused shareholders to lose money. Investors will have an opportunity to refile the lawsuit, which stems from a breach, revealed in December 2015, that allowed UK political consultancy Cambridge Analytica to see about 87 million Facebook users’ personal information.
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Facebook Investor Lawsuit Over Privacy Breach is Dismissed
- Saturday, Oct 05 2019
- Written by Security Tech Brief Staff