U.S. Supreme Court lets Facebook face lawsuit over Cambridge Analytica data breach claims.

The U.S. Supreme Court has declined to hear Facebook's appeal in a securities fraud lawsuit related to the Cambridge Analytica data scandal. The lawsuit, brought by investors, claims Facebook misled them about the severity of the 2015 data breach affecting 30 million users. The Court's decision allows the case to proceed in lower courts, where Facebook faces claims of failing to disclose the breach adequately in their financial filings.

November 22, 2024
22 Articles