Jef Feeley
Jef Feeley
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Facebook Investor Probing $5 Billion Privacy Payout Gets a Boost

Facebook Investor Probing $5 Billion Privacy Payout Gets a Boost

Free Newsletter Sign Up Login Log in to access all of your BLAW products Single Sign-On Free Newsletter Sign Up Facebook Inc. logo Photographer: David Paul Morris/Bloomberg Facebook Inc. lost a fight to withhold records in an investor lawsuit probing whether the company overpaid in a record $5 billion settlement with a government regulator in 2019 to protect founder Mark Zuckerberg in the wake of the Cambridge Analytica privacy scandal.A Delaware judge ruled Wednesday that Facebook must furnish some internal files to Rhode Island’s public employee pension fund, which is questioning how the...

February 12, 2021
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