In tossing the appeal, the Supreme Court leaves in place a decision from the U.S. Court of Appeals for the 9th Circuit in ...

This morning the justices dismissed Facebook v. Amalgamated Bank as “improvidently granted” – that is, without issuing a ...

The Supreme Court on Friday tossed Facebook’s appeal in a securities lawsuit against the social media giant, indicating the ...

Investors claimed that Meta failed to adequately disclose the risks tied to the misuse of Facebook users’ personal data by Cambridge Analytica. The firm allegedly supported Donald Trump’s 2016 ...

They had filed a securities fraud lawsuit against Facebook for allegedly misleading them in financial filings about the risks stemming from the massive data breach by Cambridge Analytica.

The U.S. Supreme Court on Friday dismissed an appeal by Facebook as the social media company attempts to shield itself from a ...

The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta ...

A shareholder lawsuit claims Mark Zuckerberg’s Facebook unlawfully withheld information from investors about a 2015 data breach involving British political consulting firm Cambridge Analytica ...

The Supreme Court on Friday tossed Facebook’s appeal in a securities lawsuit against the social media giant, indicating the court shouldn’t have taken up the case. The unsigned, one-sentence ...

A group of Facebook investors sued the social media giant in 2018 after its stock price dropped following revelations that the Republican-aligned political consulting firm Cambridge Analytica had ...

A class-action lawsuit against Meta, the parent company of Facebook, is allowed to proceed. The lawsuit involves the ...