Meta’s Facebook agrees to settle data privacy lawsuit

A logo of Meta Platforms Inc. is seen on its stand, at the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier

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Aug 26 (Reuters) – Meta Platforms Inc’s Facebook has agreed in principle to settle a lawsuit in federal court in San Francisco seeking damages for allowing third parties, including Cambridge Analytica, to access private data users, according to a court filing.

Financial terms were not disclosed in Friday’s filing which asked the judge to stay the class action for 60 days until attorneys for the plaintiffs and Facebook finalize a written settlement.

The four-year-old lawsuit alleged that Facebook breached consumer privacy laws by sharing users’ personal data with third parties such as now-defunct British political consultancy Cambridge Analytica.

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Facebook said its privacy practices are consistent with its disclosures and “do not support any legal claims”.

Facebook and its attorneys at Gibson, Dunn & Crutcher did not immediately respond to a request for more details about the settlement.

Of the two law firms representing plaintiffs, Keller Rohrback made no comment while Bleichmar Fonti & Auld declined to comment.

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Reporting by Eva Mathews and Praveen Paramasivam in Bengaluru; Editing by Aditya Soni

Our standards: The Thomson Reuters Trust Principles.

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