Home
Join A Case
Contact
More
Class Action Cases
Facebook Inc.
According to the Complaint, the Company issued false and/or misleading statements and/or failed to disclose that: (1) Facebook violated its own purported data privacy policies by allowing third parties to access the personal data of millions of Facebook users without the users’ consent; (2) discovery of the foregoing conduct would foreseeably subject Facebook to heightened regulatory scrutiny; and (3) as a result, Facebook’s public statements were materially false and misleading at all relevant times. When the truth was revealed to the investing public, shares dropped, causing shareholders harm.
Press Release
Case has been filed