Meta opposes class certification in investors US securities litigation
( October 9, 2026, 22:31 GMT | Official Statement) -- MLex Summary: Meta Platforms opposes investors’ request for class certification in a US case over the impact of the Cambridge Analytica data scandal. Meta argued that the proposed class rests on an unpleaded claim, damages cannot be measured classwide, reliance cannot be established classwide, and neither proposed representative can serve. See attached file. ...
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