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Meta must face narrowed claims in US securities litigation, judge rules

( February 28, 2026, 01:19 GMT | Official Statement) -- MLex Summary: Meta Platforms must face claims brought by investors over the Cambridge Analytica data scandal that the company made misleading statements. A federal judge imposed limitations on the claims and allowed the claims to proceed based on the initial misuse of user data by Cambridge Analytica in 2015, but not the continued misuse of data. The plaintiffs can't rely on Meta’s statements on internal investigation in response to media reports or those on risk factors related to Meta's exemption of certain parties from its prohibition on third-party access to user friend data, the judge ruled.Order is attached....

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