Washington — The Supreme Court on Friday dismissed Facebook's appeal of a lower court order reviving a shareholder lawsuit ...

An attorney for the shareholders declined to comment. The Facebook lawsuit was one of two securities cases the Supreme Court ...

The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a multibillion-dollar lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal ...

The US Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of ...

WASHINGTON (Reuters) -The U.S. Supreme Court grappled on Wednesday over a bid by Meta's Facebook to scuttle a federal ...

The lawsuit accused Target's board of directors of overlooking the risk of negative backlash and led the company to lose over $25 billion in market capitalization.

This class action lawsuit, along with a similar case ... data misuse was a violation of securities laws. Shareholders claim that Facebook depicted data misuse as a theoretical risk rather than ...

had released several internal documents in September that sparked high-profile news stories — alarming shareholders as they watched prices plunge. According to Wednesday’s lawsuit, Facebook’s share ...