Daniel Anshen v. Facebook, Inc et al

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Case overview

Case Number:

2:17-cv-00679

Court:

California Central

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Stephen V. Wilson

Firms

Companies

Sectors & Industries:

  1. October 04, 2017

    Facebook Shareholder's Suit Over Video Metrics Error Tossed

    A California federal judge dismissed a putative class action brought against Facebook Inc. by an investor who claims that the social media giant's misleading comments artificially inflated stock prices, ruling that the shareholder failed to show that the comments were intentionally misleading.

  2. September 06, 2017

    Facebook Investors Fight To Keep Suit Over Video Metrics

    The investors suing Facebook Inc. over an allegedly deceptive video advertising metric urged a California federal court Tuesday not to toss their suit against the social media giant, pushing back on the company's claim that the error in the calculation of the metric wasn't fraud but merely a mistake.

  3. August 16, 2017

    Facebook Says Video Data Correction Was Mistake, Not Fraud

    Facebook Inc. urged a California federal judge Tuesday to throw out a shareholder suit accusing the social media giant of intentionally reporting wrong video advertising information, saying the suit was over a mistake, not securities fraud.

  4. January 30, 2017

    Facebook Hit With Shareholder Suit Over Video Metrics

    A Facebook Inc. shareholder slapped the social media giant with a putative class action Friday in California federal court, alleging the company made misleading statements relating to the amount of time users spend watching video ads, damaging investors when share prices fell upon the disclosure.