Facebook Parent Meta to Settle Cambridge Analytica Lawsuit

Facebook guardian firm Meta has agreed to settle a privateness lawsuit tied to 2018’s headline-grabbing Cambridge Analytica scandal, in accordance with court docket papers filed Friday.

Meta CEO Mark Zuckerberg, ex-Chief Operating Officer Sheryl Sandberg and present COO Javier Olivan had been scheduled to offer testimony within the case someday through the subsequent month.

The Cambridge Analytica scandal erupted following information that the now-defunct consultancy might have misused the information of almost 90 million Facebook customers for focused political advertisements through the UK’s Brexit referendum marketing campaign and the 2016 US presidential election. The consultancy labored on Donald Trump’s presidential marketing campaign.

Read extra: Facebook, Cambridge Analytica and information mining: What you might want to know

The scandal led to Zuckerberg testifying earlier than Congress about Facebook’s privateness insurance policies. It additionally led to a $5 billion high quality from the US Federal Trade Commission, a part of a settlement between Facebook and the company over an FTC investigation into the matter.

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Under the FTC settlement, Facebook agreed to create an impartial privateness committee, Zuckerberg was required to certify the corporate’s conduct, and the social community was ordered to construct extra privateness protections into its platforms.

Both Facebook and Cambridge Analytica, which shut down in 2018, have denied any wrongdoing.

Friday’s submitting did not present monetary or different particulars in regards to the settlement of the privateness lawsuit, which was filed on behalf of Facebook customers. The swimsuit sought class-action standing and requested for damages to be awarded to the plaintiffs, in addition to injunctive aid.

Emailed for extra info on Saturday, Meta mentioned it did not have a remark to share presently. Attorneys for the plaintiffs did not instantly reply to a request for remark.

The events have collectively requested the court docket for a 60-day keep whereas they finalize a written settlement settlement.



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