Securities,
Civil Litigation
Sep. 27, 2019
Facebook investor lawsuit dismissed, given new deadline to amend complaint
Investors in the social networking giant were unsuccessful for now in bringing a class action lawsuit to Facebook over their losses in the Cambridge Analytica data breach.
A federal judge in California has dismissed a class action suit against Facebook brought by its investors in the wake of the Cambridge Analytica data breach.
U.S. District Judge Edward J. Davila on Wednesday granted Facebook's motion to dismiss the lawsuit that accused the company's founder, Mark Zuckerberg, and other Facebook executives of misleading investors abou...
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