The lawsuit was brought by investors who claim they were misled by the social media giant about risks from a massive data ...
Washington — The Supreme Court on Friday dismissed Facebook's appeal of a lower court order reviving a shareholder lawsuit ...
The lawsuit concerns a 2016 securities filing from Facebook acknowledging that improper ... The filing framed that risk as hypothetical, and the shareholders argue it improperly led them to ...
22 (UPI) --The U.S. Supreme Court on Friday dismissed an appeal by Facebook as the social ... Carr to lead FCC The class action lawsuit filed by Facebook shareholders stems from a data breach ...
The lawsuit accused Target's board of directors of overlooking the risk of negative backlash and led the company to lose over $25 billion in market capitalization.
An attorney for the shareholders declined to comment. The Facebook lawsuit was one of two securities cases the Supreme Court is considering this term. In the other, the chipmaker and world’s ...