The Facebook and Cambridge Analytica scandal is just beginning. The social network has been at the center of the controversy for a week. But it seems that the consequences for it have only just begun. In addition to the thousands of users who are leaving the social network, they now face four lawsuits.
The company has been sued this week on a total of four occasions. It has happened in the federal courts of Northern California. The lawsuits against Facebook are made for the exchange of data with Cambridge Analytica.
The first to sue have been two shareholders of the social network itself. Fan Yuan and Robert Casey have filed a class action lawsuit against Facebook, each his own. Against the company, against CEO Mark Zuckerberg and against CFO David Wehner. They both wait recover the losses they have suffered this week after the company's stock market crash.
Although they are not the only ones who have sued the social network. Since the first user of the social network to take action against the social network is already real. It's about Lauren Price, who filed a lawsuit on March 21. It also does so on behalf of the 50 million users whose data has been compromised. One reason is that you saw a lot of political ads in November 2016 on your Facebook channel.
The fourth lawsuit against the social network was filed on Thursday. In this case it was filed by attorney Jermiah F. Hallissey. The lawyer represents the shareholders of the company. His lawsuit is against the company, the CEO and also the board of directors. Since they consider that all of them breached their duty by not preventing this data breach.
Undoubtedly, Facebook is not going through its best moment. In addition, now they not only have problems with the stock market or with the thousands of users who leave the social network. They also promise to have a very eventful year in court if these demands go ahead.