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Facebook Investigation: Investor Rights Lawyers Investigate on Behalf of Facebook Shareholders Following Alleged Misuse of Data
The Goldman Scarlato & Penny shareholder rights lawyers have launched an investigation of Facebook on behalf of its shareholders following reports of improper Facebook user data harvesting and inquiries by US Congress and UK authorities.
News of the allegedly improper use of tens of millions of Facebook users’ data was followed by a plunge in Facebook’s stock price that erased over $40 billion in shareholder value. The stock continued to lose value today, further eroding shareholder value.
The Goldman Scarlato & Penny investor rights lawyers are investigating whether Facebook has adequately disc...