Sunday, May 20, 2012

Facebook is facing $15 Billion Class-Action Suit Over Privacy



A facebook user is sueing Facebook in a class-action suit over violating the users’ private poilcy. In the detail of the suit Facebook is being accused of tracking data on its users even after users have logged out of the site.
“This is not just a damages action, but a groundbreaking digital-privacy rights case that could have wide and significant legal and business implications,” said David Straite, a partner at Stewarts Law, in an emailed statement to Bloomberg.
This lawsuit, filed on the 17th in San Jose, California, includes 21 other lawsuits also accusing Facebook of invading user privacy. According to the filing, by the U.S. Wiretap Act every Facebook user is owed up to $10,000 for over $100 per count of violation. Between Facebook’s over 800 million users, that’s somewhere in the ballpark of $15 billion that Facebook would owe. Considering Facebook’s impressive IPO, it’s… probably not entirely out of the realm of possibility, but $15 billion is a hard figure to swallow.

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