Facebook Denies Liability in Supreme Court Harvested Voter Data Case

Facebook told the Supreme Court on Aug. 9 that it did not violate U.S. securities regulations when it failed to publicly disclose that now-defunct political consulting firm Cambridge Analytica had misused Facebook user data.

The statement offers a preview of Facebook’s arguments in Facebook Inc. v. Amalgamated Bank, which the nation’s highest court is scheduled to hear on Nov. 6.

The Supreme Court will look at whether the U.S. Court of Appeals for the Ninth Circuit erred last year when it allowed a multibillion-dollar lawsuit by shareholders to proceed based on allegations that Facebook inflated share prices by failing to disclose on a U.S. Securities and Exchange Commission form that its users’ data had been misused.


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