Finding Allegations of 'Tremendous Wrongdoing,' Facebook Shareholders Can Move Forward With Claims Involving Cambridge Analytica Breach
"What we don't have is a little law breaking. What we don't have is isolated law breaking. What we don't have are immaterial violations. This is a case involving tremendous wrongdoing on a truly enormous scale," Laster said.
May 10, 2023 at 06:43 PM
4 minute read
Facebook shareholders cleared a major hurdle Wednesday afternoon in their derivative case involving the platform's security policies and the related Cambridge Analytica data breach, with Vice Chancellor J. Travis Laster declining to dismiss the large majority of their claims.
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