Supreme Court Skeptical of Facebook’s Move to Toss Shareholder Lawsuit

The Ninth Circuit allowed the multibillion-dollar lawsuit to proceed after a federal district court threw out the shareholders’ claims three times.
Supreme Court Skeptical of Facebook’s Move to Toss Shareholder Lawsuit
The U.S. Supreme Court in Washington on Oct. 7, 2024. Madalina Vasiliu/The Epoch Times
Matthew Vadum
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Supreme Court justices appeared skeptical during Nov. 6 oral arguments about a social media giant’s attempts to shut down a shareholder lawsuit over a major data privacy breach.

At the hearing, Facebook parent Meta Platforms Inc. urged the court to dismiss a lawsuit accusing it of deceiving investors regarding a data-harvesting controversy that involved political consulting firm Cambridge Analytica.