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 US Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of ...
had released several internal documents in September that sparked high-profile news stories — alarming shareholders as they watched prices plunge. According to Wednesday’s lawsuit, Facebook’s share ...
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.