The Wall Street Journal reported on August 26 that Facebook parent Meta Platforms agreed to settle a class-action lawsuit accusing Facebook of allowing companies including Cambridge Analytica, according to a court filing Friday. Third-party access to user personal data.
The lawsuit was heard in the U.S. District Court for the Northern District of California. Meta and the Facebook user who filed the lawsuit said in a joint filing that the two sides had reached an agreement in principle and asked for a 60-day suspension of the proceedings to be finalized. The document did not specify details such as the amount of the agreement.
The parties agreed that lawyers for Facebook users would question Meta CEO Zuckerberg and former COO Sheryl Sandberg for six and five hours, respectively, according to a July court filing.
The Cambridge Analytica data misuse scandal came to light in 2018. The company used a question-and-answer app called This Is Your Digital Life to gain access to as many as 87 million Facebook profiles, which it analyzed to help former U.S. President Donald Trump’s 2016 presidential campaign. . In 2018, Cambridge Analytica filed for bankruptcy. Affected Facebook users filed a class-action lawsuit that same year, accusing Facebook of violating privacy rules.
In 2019, the U.S. Federal Trade Commission found Facebook to be violating privacy regulations, requiring it to pay a $5 billion fine, restructure the company’s board of directors and strengthen privacy oversight.
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Sina Technology
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