The Supreme Court sidestepped a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Facebook of misleading investors.
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Tag: Cambridge Analytica
Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits
The U.S. Supreme Court is set to consider bids by two tech giants to fend off federal securities fraud lawsuits in separate cases that could make it harder for private litigants to hold companies to account.
Read More Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits
US Supreme Court to hear Facebook bid to scuttle shareholder lawsuit
The Supreme Court agreed to hear a bid by Facebook to scuttle a private securities fraud lawsuit accusing the social media platform of misleading investors about the misuse of its user data.
Read More US Supreme Court to hear Facebook bid to scuttle shareholder lawsuit