Meta settles $8 billion Facebook privacy lawsuit
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Here’s a breakdown of some of the pending lawsuits against the company that have had recent developments, and what each party suing is demanding. Facebook Lawsuits 33 states vs. Meta
The settlement stems from a lawsuit alleging Facebook developers sold user data to Cambridge Analytica, a former political consulting firm, to target people in the 2016 U.S. presidential election.
The lawsuit was first filed in May 2014, just months after Facebook acquired Oculus in a deal that at the time was reported to be worth $2 billion and signified the social network's entry into VR.