Facebook Tagged With $15B Class-Action Privacy Lawsuit On Eve Of IPO
What has this world come to when Facebook can’t even enjoy its initial public offering? On the eve of the long-awaited IPO, the social network was the target of a $15 billion class-action suit that consolidated 21 claims of invasion of privacy by tracking Internet usage.
What has this world come to when Facebook can’t even enjoy its initial public offering? On the eve of the long-awaited IPO, the social network was the target of a $15 billion class-action suit that consolidated 21 claims of invasion of privacy by tracking Internet usage.
Bloomberg reported that the complaint was filed yesterday in Federal Court in San Jose, Calif., covering alleged violations that took place between May 2010 and September 2011.
David Straite, a partner at Stewarts Law, counsel for some of the plaintiffs, told Bloomberg his firm is exploring ways to add Facebook users from outside of the U.S.
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