What has this world come to when Facebook can’t even enjoy its initial public offering? On the eve of the long-awaited IPO, the social network was the target of a $15 billion class-action suit that consolidated 21 claims of invasion of privacy by tracking Internet usage.
Normally, when a class-action law suit gets settled, that’s the end of it, but when Facebook recently made a settlement in a privacy suit, they were criticized for being overly generous. The 2008 suit has to do with Facebook’s alleged improper sharing of inforrmation about users online purchases and other activities.
Over five months after we first started covering some of the aggressive advertisements on Facebook, a class action suit is being filed on behalf of the users who were victims of reverse mobile billing scams. This was an inevitable suit although this really appears to simply be a law firm looking to profit from all of the scams. Named in the class action suit are the following companies, including some companies that have sponsored this blog: