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 entrySEC: Facebook data misuse disclosuresSource
Related cases
Caption and links
Securities and Exchange Commission v. Facebook, Inc.
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