Case tracker · Consumer & investor deception
SEC v. Facebook, Inc. (investor-disclosure settlement)
- AI system / company
- Meta/Facebook
- Jurisdiction
- United States (federal)
- Court / regulator
- U.S. Securities and Exchange Commission
- Status
- Settled
What happened
Facebook agreed to pay $100 million to settle SEC charges that it misled investors regarding the risk of misuse of user data in connection with the Cambridge Analytica scandal, by presenting the misuse of data as merely a hypothetical risk when the company knew a third party had actually misused user data.
About consumer & investor deception cases
Misrepresentations to consumers or investors about data practices, product safety, or platform risks.
Sources
Attorneys who handle consumer & investor deception cases
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Opens your email app with a ready-to-edit draft. Replace the bracketed prompts with your details before sending. Free — no account needed.
Opens your email app with a ready-to-edit draft. Replace the bracketed prompts with your details before sending. Free — no account needed.
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