30 Japanese plaintiffs sue Meta for $2.8M, alleging fraudulent investment ads with fake celebrity endorsements.

Meta Platforms Inc. is facing lawsuits from 30 plaintiffs in Japan, who claim to have lost money due to fraudulent investment ads using fake celebrity endorsements. The plaintiffs are seeking 435 million yen (about $2.8 million) in damages, arguing that Meta failed to adequately monitor and block misleading advertisements. This legal action follows earlier lawsuits in Kobe, which Meta is trying to dismiss.

October 29, 2024
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