Facebook Settles Privacy Class Actions—But Sanctions Still Loom for It and Gibson Dunn
In a Friday notice, lawyers for Facebook's Meta Platforms and plaintiffs suing over the Cambridge Analytica scandal said they'd reached a "settlement in principle." A sanctions hearing against Facebook and its lawyers at Gibson Dunn remains set for Friday.
August 29, 2022 at 04:40 PM
4 minute read
One week before facing a potentially damaging sanctions hearing, Facebook agreed to settle privacy class actions brought over the Cambridge Analytica scandal.
In a Friday notice, lawyers on both sides of the multidistrict litigation said they had "reached a settlement in principle." The notice gave no details about the settlement, including the amount. Lawyers asked to halt the litigation for 60 days "to finalize a written settlement agreement."
U.S. District Judge Vince Chhabria, of the Northern District of California, granted the stay but clarified that the sanctions hearing, scheduled for this Friday, would go forward.
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