The $9.5 million settlement in a class-action lawsuit over Facebook’s now-defunct Beacon program, initially announced nearly three years ago (March 2010), will stand despite objections from six judges on the Ninth U.S. Circuit Court of Appeals.
We're kicking off our upcoming Social Media Marketing Boot Camp with a special keynote presentation by Ella Chick (left), the digital producer at Anderson Cooper 360°. She'll discuss how the network uses social media for breaking news and leverages social media to draw attention to organizations and causes. Learn more about our program and register here. In yet another example of the blistering speed of the U.S. legal system, the $9.5 million settlement in a class-action lawsuit over Facebook’s now-defunct Beacon program, initially announced in March 2010, was finally approved by the Ninth U.S. Circuit Court of Appeals, and that decision wasn’t even unanimous.
The biggest surprise about Facebook’s initial public offering prospectus to some in the accounting and finance communities was that there were no big surprises.
