According to a court document, Meta Platforms Inc.’s Facebook has in principle agreed to settle a complaint filed in federal court in San Francisco demanding damages for giving Cambridge Analytica access to users’ private information.
The Friday brief that urged the judge to halt the class action for 60 days while the plaintiffs’ and Facebook’s legal teams finalised a written settlement left out the financial details.
In a four-year-old complaint, it was claimed that Facebook had shared user personal information with organisations like the since-defunct British political consultancy Cambridge Analytica in violation of consumer privacy regulations.
Facebook has said its privacy practices are consistent with its disclosures and “do not support any legal claims”.
Facebook and its lawyers from Gibson, Dunn & Crutcher did not immediately respond to a request for more details regarding the settlement.
Of the two law firms representing the plaintiffs, Keller Rohrback did not comment while Bleichmar Fonti & Auld declined to comment.
