Facebook, Nvidia push SCOTUS to limit “nuisance” investor suits after scandals
By affirming the 9th Circuit ruling, Facebook alleged, SCOTUS would be "vastly expanding the circumstances in which risk ...
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Securities disclosure over Cambridge Analytica data breach comes before court
The justices will return to securities law on Wednesday with arguments in a case arising out of the 2015 Cambridge Analytica-Facebook data breach. The tech giant’s effort to fend off federal ...
Supreme Court appears split in Facebook lawsuit tied to data breach
A group of Facebook investors sued in 2018, saying the social media giant gave misleading statements and omitted key ...
Supreme Court hears Facebook’s bid to toss shareholder suit over Cambridge Analytica scandal
They shareholders lawsuit claims the company unlawfully withheld information from investors about a 2015 data breach ...
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Meta petitions US Supreme Court to dismiss Cambridge Analytica lawsuit
The lawsuit originates from the Cambridge Analytica data breach. The British political consulting firm was accused of using ...
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Justices skeptical about Facebook’s data breach disclosure to investors
The justices heard arguments Wednesday in Facebook v. Amalgamated Bank, their first securities case of the year. The case involves the 2015 Cambridge Analytica-Facebook data breach, and considers whet ...
US Supreme Court mulls Facebook bid to escape securities fraud suit
The U.S. 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 misleading ...
U.S. Supreme Court to hear Facebook bid to escape securities fraud suit
They claimed the company unlawfully withheld information from investors about a 2015 data breach involving British political ...