Data and AI in court

433 active cases · 9 dates ahead

SEC: Facebook data misuse disclosures securities case

Regulator

US Securities and Exchange Commission

acted against

Against

The SEC charged Facebook with describing user data misuse as a hypothetical risk after Cambridge Analytica had already misused data.

The case

Regulator
US Securities and Exchange Commission
Decided
Jul 24, 2019
Status
Settled
Outcome
Facebook paid $100 million.
Amount
$100 million

History

1 dated entry
DecisionJul 24, 2019 · 7.3y agoSEC: Facebook data misuse disclosuresSource
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Caption and links

Securities and Exchange Commission v. Facebook, Inc.

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