The US Supreme Court struggled with how to ensure investors get accurate information without exposing companies to massive liability, in the multi-billion-dollar investor suit against Facebook’s parent company, Meta.
The case centers on the fallout from Cambridge Analytica's unauthorized misuse of users data. Investors claim the tech giant mislead investors when warning that data misuse was a hypothetical risk at a time when Meta already knew that that political consulting firm had accessed information on 30 million users.
"Cases and Controversies" hosts Kimberly Robinson and Lydia Wheeler break down the Nov. 6 arguments. They explain how the justices searched for the proper line to draw and ultimately questioned whether they should be the ones to do so.
Why "does the judiciary have to walk the plank on this?” Justice Brett Kavanaugh asked.
Hosts: Kimberly Robinson and Lydia Wheeler.
Producer: Mo Barrow.
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