We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Facebook Shareholders Sue Over Data Firm Tied To Trump

Law360 (March 20, 2018, 10:42 PM EDT) -- Facebook investors hit the social media behemoth with a stock-drop suit in California federal court Tuesday, alleging that it made misleading claims about its use of user data, which blew up this month when its alleged relationship to a Trump-linked data firm was made public.

Shares of Facebook’s stocks toppled more than $20 over two days earlier this week after the The New York Times and The Observer of London reported that it did not tell users that their private data was being harvested by Cambridge...
To view the full article, register now.




Case Information

Case Title

Yuan v. Facebook, Inc. et al

Case Number



California Northern

Nature of Suit



Edward J. Davila

Date Filed

March 20, 2018

Law Firms


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.