Consumer & investor deception lawsuits & cases

Misrepresentations to consumers or investors about data practices, product safety, or platform risks.

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1 tracked case

Settled
Settled Jul 24, 2019 ($100M)
SEC v. Facebook, Inc. (investor-disclosure settlement)
Meta/Facebook · United States (federal)
Facebook agreed to pay $100 million to settle SEC charges that it misled investors regarding the risk of misuse of user data in connection with the Cambridge Analytica scandal, by presenting the misuse of data as merely a hypothetical risk when the company knew a third party had actually misused user data.

Other harm types

Social media addiction Teen mental health Child safety Chatbot misinformation AI defamation Biometric privacy & facial recognition Data privacy & misuse Employment & hiring AI AI benefit & claim denials Autonomous & assisted driving Copyright & training data Big Tech antitrust Platform liability & Section 230

Informational summaries compiled from public sources cited on each case page. Not legal advice. Verify current status with primary sources.