US investor claims against Meta over Cambridge Analytica breach narrowed, move ahead | MLex | Specialist news and analysis on legal risk and regulation
By Mike Swift and Xu Yuan ( February 28, 2026, 01:59 GMT | Insight) -- Meta Platforms must defend US investor claims that executives’ statements that failed to disclose flawed data privacy practices crashed the value of its stock in 2018, when the Cambridge Analytica privacy scandal erupted over the improper sharing of millions of Facebook users’ data.Meta Platforms must defend investor claims that executives’ statements that failed to disclose flawed data privacy practices crashed the value of its stock in 2018, when the Cambridge Analytica privacy scandal erupted over the improper sharing of millions of Facebook users’ data, a US judge in California ruled Friday....
