Photo: Andrey Popov/stock.adobe.com South Korea Issues Google and Meta Largest Ever Privacy Fines
South Korea found that Google and Meta did not clearly inform users or obtain their consent as they collected information about their online activities, and used the data collected for targeted advertising.
September 15, 2022 at 06:28 AM
3 minute read
South Korea has issued its largest privacy fines ever to Google and Meta, parent company of the massively popular social apps Instagram and Facebook.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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