A Peek Inside The New Data Privacy Lawsuit Playbook
November 8, 2013, 7:11 PM EST
Law360, New York (November 8, 2013, 7:11 PM EST) -- When a blogger revealed that Facebook tracked users even after they had logged off from Facebook’s service, the company thanked him and promised an immediate fix. But plaintiffs’ attorneys socked the company with a class action seeking $15 billion in damages for alleged privacy violations, a number just shy of what Facebook raised in its IPO.
Plaintiffs’ lawyers are constantly searching for the next mega lawsuit, and data privacy looks very promising with its litigation trifecta: major consumer exposure, complex and increasingly antiquated state and federal...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.