{"id":2372767,"date":"2024-11-24T09:26:00","date_gmt":"2024-11-24T14:26:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/supreme-court-deals-a-blow-to-mark-zuckerbergs-meta-green-lights-multibillion-dollar-lawsuit\/"},"modified":"2024-11-24T09:28:32","modified_gmt":"2024-11-24T14:28:32","slug":"supreme-court-deals-a-blow-to-mark-zuckerbergs-meta-green-lights-multibillion-dollar-lawsuit","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/supreme-court-deals-a-blow-to-mark-zuckerbergs-meta-green-lights-multibillion-dollar-lawsuit\/","title":{"rendered":"Supreme Court Deals a Blow to Mark Zuckerberg&#8217;s Meta, Green Lights Multibillion-Dollar Lawsuit"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsupreme-court-deals-a-blow-to-mark-zuckerbergs-meta-green-lights-multibillion-dollar-lawsuit%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2372767&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Supreme Court has decided to allow a multibillion-dollar class-action\u200b lawsuit against Meta, the parent company\u2064 of Facebook,\u200c to proceed. This lawsuit \u2063relates to the privacy scandal involving Cambridge Analytica, which misused\u2062 the personal information of millions of users during\u200b the 2016 U.S. presidential campaign. The court dismissed Meta&#8217;s appeal, overturning an earlier \u2062decision to\u2062 hear the case. Investors claim that Meta failed to adequately disclose the\u200b risks associated with the misuse of user data, \u2063which they argue \u200bled to significant drops in the company&#8217;s stock value after the scandal became public in \u200c2018. \u2062Meta has expressed disappointment with the court&#8217;s action and continues to assert that\u2064 the claims are\u2063 unfounded. The company has previously faced significant financial penalties related to privacy violations, including a $5.1 billion\u200c fine and a $725 million\u200b settlement. Additionally, the Supreme Court is also deliberating another class-action lawsuit involving \u2062Nvidia, relating to the company&#8217;s misleading information about their reliance on cryptocurrency mining.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><\/p>\n<p>The Supreme Court is allowing a multibillion-dollar <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/psaki-defends-treasury-secretary-janet-yellen-for-taking-money-from-citadel-wont-commit-to-recusal-in-gamestop-scandal-video\/\" title=\"Psaki Defends Treasury Secretary Janet Yellen For Taking Money From Citadel \u2013 Won\u2019t Commit to Recusal in GameStop Scandal (VIDEO)\">class action<\/a> investors&rsquo; lawsuit to proceed against parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.<\/p>\n<p>The justices heard arguments in November in Meta&rsquo;s bid to shut down the lawsuit.<\/p>\n<p>On Friday, they decided that they were wrong to take up the case in the first place.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/obama-speaks-out-on-supreme-court-ruling-striking-blow-to-republicans\/\" title=\"Obama criticizes Supreme Court ruling against Republicans.\">high court dismissed<\/a> the company&rsquo;s appeal, leaving in place an appellate ruling allowing the case to go forward.<\/p>\n<p>Investors allege that <a href=\"https:\/\/www.westernjournal.com\/zuckerberg-trump-supporter-jd-vances-tells-secret-theory-meta-ceo-joe-rogan\/\" target=\"_blank\" rel=\"noopener\">Meta<\/a> did not fully disclose the risks that users&rsquo; personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump &rsquo;s first successful Republican presidential campaign in 2016.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} \t\t<\/script> <\/p>\n<p>Inadequacy of the disclosures led to two significant price drops in the price of the company&rsquo;s s in 2018, after the public learned about the extent of the privacy scandal, the investors say.<\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/zuckerbergs-meta-censors-us-paralympian-bid-foster-safe-community\/\" target=\"_blank\" rel=\"noopener\">Meta<\/a> spokesman Andy Stone said the company was disappointed by the court&rsquo;s action.<\/p>\n<p>&ldquo;The plaintiff&rsquo;s claims are baseless and we will continue to defend ourselves as this case is considered by the District Court,&rdquo; Stone said in an ed statement.<\/p>\n<p>Meta already has paid a $5.1 billion fine and reached a $725 million privacy settlement with users.<\/p>\n<p>Cambridge Analytica had ties to <a href=\"https:\/\/www.westernjournal.com\/just-trump-expected-tap-former-senate-ally-key-cabinet-position\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> political strategist Steve Bannon.<\/p>\n<p>It had paid a app developer for access to the personal information of about 87 million users.<\/p>\n<p>That data was then used to target U.S. voters during the 2016 campaign.<\/p>\n<p>The lawsuit is one of two <a href=\"https:\/\/amzn.to\/3YuVZYV\">high court cases involving class-action lawsuits<\/a> against tech companies.<\/p>\n<p>The justices also are wrestling with whether to shut down a class action against Nvidia.<\/p>\n<p>Investors say the company misled them about its dependence on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/charles-lipson-how-long-can-russia-stay-in-this-fight\/\" title=\"Charles Lipson: How Long Can Russia Stay in This Fight?\">selling computer chips<\/a> for the mining of volatile cryptocurrency.<\/p>\n<p style=\"font-style: italic;\">The Western Journal has reviewed this Associated Press story and may have altered it prior to publication to ensure that it meets our editorial standards.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ]; 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After hearing arguments in November regarding Meta&#8217;s attempt to dismiss the case, the justices concluded they should not have taken it up initially and dismissed Meta&#8217;s appeal, allowing the lawsuit to continue<\/p>\n","protected":false},"author":1,"featured_media":2372768,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/11\/091e98e9730447fa88a31fc0ba3ac704-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[35598,9276,32275],"class_list":["post-2372767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-mark-zuckerberg","tag-meta","tag-supreme-court"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/11\/091e98e9730447fa88a31fc0ba3ac704-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2372767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2372767"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2372767\/revisions"}],"predecessor-version":[{"id":2372771,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2372767\/revisions\/2372771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2372768"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2372767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2372767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2372767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}