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Meta files reply in support of dismissing US securities litigation

( December 18, 2025, 23:31 GMT | Official Statement) -- MLex Summary: Meta Platforms filed a reply in support of dismissing investors’ fourth amended US complaint accusing it of making misleading statements about the impact of the Cambridge Analytica data scandal, saying the opposition rests on arguments that conflate falsity and scienter. Meta argued that while the Ninth Circuit ruled that the complaint adequately alleges falsity, it never ruled on whether Meta intended for its statements to trick investors into thinking Cambridge’s misuse never happened, and the complaint raises no inference that it was Meta’s intent.See attached file. ...

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