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Facebook, Cambridge Analytica and Supreme Court
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.
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 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.
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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 ...
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on MSN
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 ...
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