Facebook is Settling Potential Cambridge Analytica Class Action Suit

"Facebook's corporate parent has reached a tentative settlement in a lawsuit alleging the world's largest social network service allowed millions of its users' personal information to be fed to Cambridge Analytica," reports the Associated Press: Terms of the settlement reached by Meta Platforms, the holding company for Facebook and Instagram, weren't disclosed in court documents filed late Friday. The filing in San Francisco federal court requested a 60-day stay of the action while lawyers finalize the settlement. That timeline suggested further details could be disclosed by late October. The accord was reached just a few weeks before a Sept. 20 deadline for Meta CEO Mark Zuckerberg and his long-time chief operating officer, Sheryl Sandberg, to submit to depositions during the final phases of pre-trial evidence gathering, according to court documents... The lawsuit, which had been seeking to be certified as a class action representing Facebook users, had asserted the privacy breach proved Facebook is a "data broker and surveillance firm," as well as a social network. Some background from UPI:The Facebook users sued the platform in June 2018, accusing it of violating privacy rules when it shared personal data with Cambridge Analytica and other third parties.... In March 2018, whistleblower and Cambridge Analytica co-founder Christopher Wylie revealed the data mining company was holding onto Facebook user data without the users' consent even after Facebook told the company to delete it. Reuters describes Cambridge Analytica as "the now-defunct British political consultancy." Politico reports that now lawyers for both Facebook and the plaintiffs have "asked the judge to put the lawsuit on hold for 60 days to allow the parties to 'finalize a written settlement agreement' and present it for preliminary approval by the court."

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