One week before facing a potentially damaging sanctions hearing, Facebook agreed to settle privacy class actions brought over the Cambridge Analytica scandal.

In a Friday notice, lawyers on both sides of the multidistrict litigation said they had “reached a settlement in principle.” The notice gave no details about the settlement, including the amount. Lawyers asked to halt the litigation for 60 days “to finalize a written settlement agreement.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]