Facebook hit with four lawsuits in one week over Cambridge Analytica scandal

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Facebook has been sued four times in federal courts in northern California this week in response to the Cambridge Analytica data exchange scandal, SFGate reports. The London-based data analysis firm incorrectly used data from up to 50 million users, the Guardian and The New York Times reports revealed last weekend.
A Facebook user, Lauren Price of Maryland, filed a lawsuit in San Jose on Tuesday on behalf of up to 50 million people whose data was used by Cambridge Analytica. It is a class action lawsuit claiming that Facebook had "absolute indifference" to its personal data, even though it allegedly claimed that it would not disclose data without permission or at least notice. The lawsuit also noted that during the 2016 presidential election, Price often saw political announcements on his own Facebook channel.

Individual shareholders on Facebook, Fan Yuan and Robert Casey, each filed their own class action lawsuit against the company, CEO Mark Zuckerberg and CFO David Wehner. The plaintiffs seek to recover the losses incurred when Facebook's stock went down this week, costing the company nearly 10 percent of its market value.
The fourth lawsuit, filed yesterday in San Jose by attorney Jeremiah Hallisey, was filed on behalf of the company's shareholders against Zuckerberg, COO Sheryl Sandberg and board members. The lawsuit alleges that the executives and the board of directors could not stop the data breach or inform users about it when it happened, and therefore violated their fiduciary duty.
Hallisey is requesting a payment that restores the company's shareholders to its previous positions and a court order for Facebook to improve its internal processes. We communicate with Facebook to make comments.
You can read two of the four presentations here:


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