May 20, 2012
Facebook’s first day of trading following its $100bn flotation has been gate-crashed by a $15bn class action against the social network.
Users of the service have filed an “amended consolidated class action complaint” in federal court in San Jose, California, relating to allegations that Facebook has been “improperly tracking the internet use of its members even after they logged out of their accounts”.
The class action is being brought by law firms Stewarts Law US and Bartimus, Frickleton, Robertson & Gorny.
David Straite, a partner at Stewarts Law, said: “This is not just a damages action, but a ground-breaking digital privacy rights case that could have wide and significant legal and business implications.”
This article was posted: Sunday, May 20, 2012 at 5:38 am