Meta Must Face Investor Suit After Supreme Court Drops Case [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica. Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes NYC's Underground Steam System May Be Key to a Greener Future Paris to Replace Parking Spaces With Trees Investors claim the company, then known as Facebook, inflated share prices by failing to adequately disclose the risk that its user data would be misused. The shareholders say revelations about the scandal contributed to two 2018 price drops that cost the company more than $200 billion in market value. Meta was asking the Supreme Court to reverse a federal appeals court decision that had let the lawsuit go forward. The court heard arguments on Nov. 6. As is its usual practice, the high court didn't provide any explanation for dropping the case,
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- Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit [Yahoo! Finance]Yahoo! Finance
- Building Bonds and Boosting Collaboration [Yahoo! Finance]Yahoo! Finance
- Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit [FOX Business Network]FOX Business Network
- No, Fox News didn't say Newsom would withhold California's income taxes | Fact check [USA TODAY]USA TODAY
- Taking a cue from X, Threads tests AI-powered summaries of trending topics [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 10/30/24 - Beat
META
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- META's page on the SEC website