SEC: Facebook data misuse disclosures securities case
US Securities and Exchange Commission · decided Jul 24, 2019 · Settled
The SEC charged Facebook with describing user data misuse as a hypothetical risk after Cambridge Analytica had already misused data.
The case
- Against
- Regulator
- US Securities and Exchange Commission
- Decided
- Jul 24, 2019
- Status
- Settled
- Outcome
- Facebook paid $100 million.
- Amount
- $100 million
History
1 dated entry| Date | Entry | ||
|---|---|---|---|
| Jul 24, 2019 | Decision: SEC: Facebook data misuse disclosures | Decision | Link |
Related cases
Caption and links
Securities and Exchange Commission v. Facebook, Inc.
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