Judge Sides with Facebook in Investor Lawsuit Over Privacy


Facebook has defeated an investor lawsuit stemming revelations that the social networking platform allowed outside companies, including data consultancy Cambridge Analytica, to obtain personal information from as many as 87 million people.

In a decision issued last week, U.S. District Court Judge Edward Davila ruled that the allegations in the complaint, even if true, wouldn't support the conclusion that Facebook engaged in securities fraud.

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