A PYMNTS Company

Meta Agrees To Settle Facebook Privacy Suit

By  |  August 28, 2022

Meta Platforms’s Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties including Cambridge Analytica access the private data of users, a court filing showed.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The financial terms were not disclosed in the filing on Friday that asked the judge to put the class action on hold for 60 days until the lawyers for both plaintiffs and Facebook finalize a written settlement.

    The four-year-old lawsuit alleged that Facebook violated consumer privacy laws by sharing personal data of users with third parties such as the now-defunct British political consultancy Cambridge Analytica.

    Facebook has said its privacy practices are consistent with its disclosures and “do not support any legal claims”.

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.