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Facebook shareholders have filed a lawsuit alleging that board members overpaid on a $5 billion FTC fine to protect CEO Mark Zuckerberg from an individual lawsuit, Politico has reported ...
The U.S. Supreme Court agreed on Monday to hear a bid by Meta's Facebook to scuttle a private securities fraud lawsuit accusing the social media platform of misleading investors in 2017 and 2018 ...
You can start the process by visiting the settlement website and clicking or tapping the “ Submit Claim ” button at the top of the page. There’s a full set of instructions on the page, but ...
Meta Platforms, Inc. (formerly Federal Trade Commission v. Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of ...
The technology company Facebook, Inc., [ a] held its initial public offering (IPO) on Friday, May 18, 2012. [ 1] The IPO was one of the biggest in technology and Internet history, with a peak market capitalization of over $104 billion.
The Federal Trade Commission (FTC) can move forward with its latest antitrust lawsuit against Meta, a US district judge ruled on Tuesday. The decision is a significant win for the regulator, which ...
Facebook, Inc. On May 18, 2016, Matthew Campbell filed a lawsuit against Facebook for allegedly scanning private messages for marketing purposes, which violates federal privacy laws. Facebook argued that multiple private messages are scanned at once and that the URL data is anonymous and only used in a combined form.
Facebook (FB) shares jump after antitrust lawsuits filed by the FTC and coalition of states were dismissed.