Cambridge Analytical

[djohn2oo8]

[djohn2oo8]

All US persons involved = Bannon, Kushner

[Winehole23]

security settings theater:

https://www.nytimes.com/interactive/...ends-data.html

[Winehole23]

Facebook still fighting discovery

[DMC]

So you give all your personal information to a profit driven social media company and they capitalize on it? Shocking.

[Winehole23]

So you give all your personal information to a profit driven social media company and they capitalize on it? Shocking.

who said it's shocking?

nothing wrong with legal culpability for bad actors, imo.

[Winehole23]

lawsuit settled

Zuckerberg settles $8 billion lawsuit over Cambridge Analytica scandal, avoids testifying

Americas

Mark Zuckerberg and current and former Meta executives agreed on Thursday to settle a $8 billion shareholder lawsuit alleging the company’s directors failed to prevent billions of dollars in fines and legal costs stemming from repeated Facebook user privacy violations. The Federal Trade Commission in 2019 fined Facebook $5 billion in the wake of the Cambridge Analytica data harvesting scandal.

The parties did not disclose details of the settlement and defense lawyers did not address the judge, Kathaleen McCormick of the Delaware Court of Chancery. McCormick adjourned the trial just as it was to enter its second day and she congratulated the parties.


The plaintiffs' lawyer, Sam Closic, said the agreement just came together quickly. Billionaire venture capitalist Marc Andreessen, who is a defendant in the trial and a Meta director, was scheduled to testify on Thursday.


Shareholders of Meta sued Zuckerberg, Andreessen and other former company officials including former Chief Operating Officer Sheryl Sandberg in hopes of holding them liable for billions of dollars in fines and legal costs the company paid in recent years.


The Federal Trade Commission fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to protect users' data.


The shareholders wanted the 11 defendants to use their personal wealth to reimburse the company. The defendants denied the allegations, which they called "extreme claims". Facebook changed its name to Meta in 2021. The company was not a defendant.


The company declined to comment. A lawyer for the defendants did not immediately respond to a request for comment.

https://www.france24.com/en/americas...ids-testifying

[Winehole23]

$190M settlement

it's shareholder derivative, so the money goes to Meta

https://www.reuters.com/world/zuckerberg-meta-directors-agree-190-million-settlement-shareholder-privacy-case-2025-11-20/

[Winehole23]

Meta on the hook for potentially billions

New Mexico has won another massive legal victory over the world's largest social media platform.

A jury deliberating in state District Court in Santa Fe delivered a verdict Friday finding Meta Inc. — formerly Facebook Inc. — had committed tens of millions of violations of the state's Unfair Practices Act in connection with its lies to consumers about how their personal information was handled by the company and third-party users.

The state has asked the company be ordered to pay the maximum civil penalty of $5,000 per violation meaning a judge could potentially order the company to pay billions in penalties to the state.

The jury also found the company had been dishonest about its investigation of and response to the 2013 Cambridge Analytica data breach scandal, in which approximately 300,000 Facebook users took an online personality quiz, only to have the app that hosted the quiz harvest data from tens of millions of their “friends.” The data was then transferred to the British consulting firm, which used it to create targeted political ads during the 2016 U.S. presidential election.

The case is the second the New Mexico Department of Justice has won against the company this year.

https://www.santafenewmexican.com/ne...db1ebd619.html