22 Mar Lawsuits Filed Against Facebook, Cambridge Analytica in US
A proposed class-action suit which accuses Facebook and Cambridge Analytica of negligence and violation of a California unfair competition law.was filed late last Tuesday by a Maryland resident in U.S. District Court in San Jose, California.
Lawyer of the plaintiff John Yanchunis said that every Facebook user has an interest in the lawsuit as it involves the enforcement of their privacy rights.
Both firms have yet to issue a statement on the matter, but around $50 billion of Facebook’s market value had already been wiped out since the filing of another lawsuit in San Francisco involving the tech giant’s shareholders.
Source: Reuters