Meta Platforms and Mark Zuckerberg were named in a shareholder lawsuit on April 11 in California Northern District in connection with the European Union imposing a $400 million fine on Meta in 2022 for failing to protect minors' information on Instagram. The court case was filed by Bottini & Bottini on behalf of Matt Eisner, who contends that the defendants have failed to disclose that the presence of sexual predators on Instagram and Facebook has significantly increased, and that Meta's internal controls are ineffective at prevention. Counsel have not yet appeared for the defendants. The case is 3:24-cv-02175, Eisner v. Meta Platforms, Inc.
Internet & Social Media
April 11, 2024, 8:20 PM