According to The Wall Street Journal (paywalled), Facebook got some bad news when a judge told the social media company to hand over records to shareholders investigating the Cambridge Analytica data breach:
A Delaware corporate law court has ordered Facebook Inc. to hand over records to shareholders investigating the data privacy breach that fed information to now-defunct data miner Cambridge Analytica.
There is sufficient evidence that Facebook’s board of directors failed in its duty to protect data privacy to justify an expanded shareholder investigation, Joseph Slights, a vice chancellor of the Delaware Court of Chancery, ruled on Thursday.
You can fully expect that Zuckerberg and company are not happy with that and will likely find some way to fight this as there’s no way on God’s green Earth do they want these records in the public domain as it likely shows that they didn’t do anything to protect their users. Which means that they would be open to getting absolutely slaughtered in any lawsuit that they face. Here’s hoping that they do get slaughtered as they deserve it.
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This entry was posted on June 4, 2019 at 12:15 pm and is filed under Commentary with tags Facebook. You can follow any responses to this entry through the RSS 2.0 feed.
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Court Orders Facebook to Open Privacy Records Related To Cambridge Analytica
According to The Wall Street Journal (paywalled), Facebook got some bad news when a judge told the social media company to hand over records to shareholders investigating the Cambridge Analytica data breach:
A Delaware corporate law court has ordered Facebook Inc. to hand over records to shareholders investigating the data privacy breach that fed information to now-defunct data miner Cambridge Analytica.
There is sufficient evidence that Facebook’s board of directors failed in its duty to protect data privacy to justify an expanded shareholder investigation, Joseph Slights, a vice chancellor of the Delaware Court of Chancery, ruled on Thursday.
You can fully expect that Zuckerberg and company are not happy with that and will likely find some way to fight this as there’s no way on God’s green Earth do they want these records in the public domain as it likely shows that they didn’t do anything to protect their users. Which means that they would be open to getting absolutely slaughtered in any lawsuit that they face. Here’s hoping that they do get slaughtered as they deserve it.
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This entry was posted on June 4, 2019 at 12:15 pm and is filed under Commentary with tags Facebook. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.