Meta Platforms Inc.’s Facebook has in principle agreed to settle a case filed in federal court in San Francisco seeking damages for allowing third companies, such as Cambridge Analytica, access to users’ private data, according to a court filing.
The Friday brief that urged the judge to halt the class action for 60 days while the plaintiffs’ and Facebook’s legal teams finalized a written settlement left out the financial details.
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.
Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center, in Paris
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier
Facebook has said its privacy practices are consistent with its disclosures and “do not support any legal claims”.
Facebook and its lawyers from Gibson, Dunn & Crutcher did not immediately respond to a request for more details regarding the settlement.
Of the two law firms representing the plaintiffs, Keller Rohrback did not comment while Bleichmar Fonti & Auld declined to comment.