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Business Policy Facebook ordered to open internal docs for investors

6:26 pm on May 31, 2019 (gmt 0)

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WebmasterWorld Senior Member tangor is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

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A court in Delaware has backed investors who want to see internal emails and other documents relating to how Facebook handed data on 50 million users to Cambridge Analytica.

The ruling (PDF) said that shareholders provided enough evidence to support a claim that failures by senior management and board members at the social network may have allowed the illegal data slurp to happen.


Cambridge ... the gift that keeps on giving!

When investors are hurt, they tend to bite back with probing questions ... and court orders.