November 11, 2024 at 12:10PM The US Supreme Court will determine the fate of a shareholder lawsuit against Meta (Facebook) regarding the Cambridge Analytica data breach. The Ninth Circuit allowed the case to proceed, citing misleading risk disclosures. Lawyers argue that organizations must not mislead investors about past risks impacting their business. **Meeting Takeaways: US … Read more
June 11, 2024 at 08:03AM The Supreme Court will consider a multi-billion dollar class-action investors’ lawsuit against Facebook parent Meta, stemming from the Cambridge Analytica privacy scandal. Meta’s appeal against allowing the lawsuit to proceed has been accepted. Investors claim inadequate disclosure regarding the risks of personal information misuse. The case is set to be … Read more
May 1, 2024 at 08:41AM In the 20 years since Mark Zuckerberg launched Facebook, there has been a significant impact on privacy and security in the digital age. Facebook’s missteps have influenced discussions and regulations surrounding data privacy, including the creation of legal frameworks like GDPR and CCPA. The platform’s impact on online privacy and … Read more