Lawsuits against Facebook, Cambridge Analytica filed

Facebook investors are suing the social media giant following news that data firm Cambridge Analytica had improperly used data from 50m Facebook users to target American voters in the 2016 election. The news has sent its shares plummeting by almost £50bn.

US court filings show that shareholders now want to sue the business over “significant losses and damages” as a result of the scandal.

Fan Yuan, the investor who filed the suit on behalf of those who bought shares in Facebook between February 2017 and March 2018, claims Facebook has made “materially false and misleading statements” and alleges that it violated its own data privacy policies by allowing a third party to access personal data.

The document does not disclose the number of shareholders but says there could be “hundreds or thousands” involved in the lawsuit.

Damian Collins MP, chair of the Digital, Culture, Media and Sport Committee, wrote to Facebook’s billionaire founder Mark Zuckerberg calling on him to give evidence on the data breach in Westminster. An old transcript of Mr Zuckerberg calling people “dumb f***s” for submitting personal information to the site have also resurfaced in the wake of the row.
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Shalish Mehta

Shalish is an experienced dispute resolution solicitor who joined the firm in 2002 ago upon qualifying as a solicitor and provides a proactive approach whilst retaining the personal touch to help you achieve the best possible outcome for your case. He acts on behalf of both private individuals and commercial clients. He can assist and advise at any stage of a dispute including mediation through to court action and injunctions. Shalish is a keen sportsman, regularly playing cricket and five-a-side football and also watching live sport. He enjoys city breaks and takes great pleasure in sampling different cuisines from around the world. Shalish is fluent in Gujarati and will happily represent those for whom Guajarati is the first language, in English. He is also happy to offer his services as a translator to our clients as necessary. What clients say about Shalish: “We feel the service was perfect and found our solicitor, Shalish Mehta, very professional and helpful in all aspects”