Facebook Lawsuit

Facebook settles lawsuit over "Sponsored Stories"

Tue, 22 May 2012 21:54:07 -0700 SAN FRANCISCO (Reuters) – Facebook Inc has agreed to settle a lawsuit that alleged the site's "Sponsored Stories" feature publicized users' "likes" without compensation or the ability to opt out, according to a court document filed on Tuesday. The proposed class action lawsuit, filed in a San Jose, California federal court, could have included nearly one of every three Americans, with billions … http://news.yahoo.com/facebook-settles-lawsuit-over-sponsored-stories-005837308–sector.html

Lawsuit filed against Facebook

Wed, 23 May 2012 11:18:52 -0700 NEW YORK, May 23 (UPI) — Three Facebook investors have filed a civil lawsuit in New York federal court alleging the company and its underwriters failed to disclose forecast changes. Presented By: Amplify Your Brand During Small Business Week for a Buck Do you need more media exposure for your small business? What business doesnt? We want to honor you, Mr. & Mrs. Small Business Owner … http://www.upi.com/Business_News/2012/05/23/Lawsuit-filed-against-Facebook/UPI-87211337792907/

Facebook Settles 'Sponsored Stories' Lawsuit

Wed, 23 May 2012 07:56:53 -0700 Facebook has settled a class-action lawsuit regarding its "Sponsored Stories" advertising program, according to court documents. http://www.pcmag.com/article2/0,2817,2404779,00.asp?kc=PCRSS03069TX1K0001121

Facebook, Morgan Stanley Sued By Firm That Won $7 Billion From …

They say Facebook's "prospectus contained untrue statements of material facts." http://www.businessinsider.com/facebook-morgan-stanley-sued

Facebook, Morgan Stanley Face Lawsuit, Investigation Over Alleged …

Such are the latest allegations with regard to last Friday's Facebook initial public offering, which have led to a lawsuit filed against the social network and banks including Morgan Stanley today, following the call for an … http://allfacebook.com/ipo-projections-lawsuit-investigation_b89801

Facebook Settles Lawsuit That Claimed "Sponsored Stories" Turned …

Tapping into the power of social networks to market to their users has always been an appealing goal for advertisers, but figuring out exactly how to do that has been tricky. Facebook recently settled a class action lawsuit from … http://consumerist.com/2012/05/facebook-settles-lawsuit-that-claimed-sponsored-stories-turned-users-into-marketers.html

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4 Responses to Facebook Lawsuit

  • News junkie says:

    Should We All Join This Lawsuit Against Facebook? People who invested in facebook last Friday are already suing the investment banks, facebook and Zuckerberg himself because they’ve lost money. The investment banks did raise the range of the IPO price shortly before the IPO and more shares were offered than expected, so more share for same amount of money equals lower price. Anyway, should we all join in the american tradition and join this lawsuit? Reality is not relevant, neither is the fact if anyone actually invested, it’s just joining the opportunity to sue people, it’s american tradition. It’s now a human right to make money.

  • Anonymous says:

    Do You Endorse Nation-wide Ban On Same-sex Marriage And Adoption? Very few community members know a few billionaires that were trying to make unlimited contributions to stop same-sex marriage got the ball rolling that ultimately became super PACs.

    I see it. I know exactly who these billionaires are. I know the Court cases, and I know why super PACs are illegal. I even started a class action lawsuit against all super PAC donors.

    Yet all I see is community members carrying signs and making cute websites and facebook pages.

    If you are not learning about super PACs and spreading the word they are illegal…you are endorsing their behavior. How do I get the word out to the community to do this.

    I posted a Facebook page..however, after a month just 7 people looked at what is perhaps the greatest issue of all.

    Do you know Romney took a pledge to a super PAC to work towards a federal ban on same-sex marriage and adoption?


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