The Meta logo is displayed at the Vivatech show in Paris, France, June 14, 2023. Meta is refusing to publicly disclose information that could determine whether it is subject to the Online News Act despite blocking news from its platforms. THE CANADIAN PRESS/AP, Thibault Camus
The justices heard arguments in November in Meta’s bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place. Investors allege that Meta did not fully disclose the risks that Facebook users’ personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump ’s first successful Republican presidential campaign in 2016.
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