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US Supremes tell Google it has to listen to shareholders US Supremes tell Google it has to listen to shareholders
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US Supremes tell Google it has to listen to shareholders
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Old 9th March 2022, 07:23   #1
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Default US Supremes tell Google it has to listen to shareholders

Lawsuit revived

The US Supreme Court declined to hear Alphabet attempt to spike a lawsuit by shareholders accusing it of fraudulently concealing a security glitch that left private user data exposed.

The justices left in place a lower court's ruling that revived the lawsuit brought over the 2018 incident that the company was slow to disclose, turning away Alphabet's appeal.

The lawsuit, led by the state of Rhode Island, was filed after the Wall Street Journal published an article in October 2018 that said Google concealed the exposure of private data for nearly 500,000 users of Google+ - a social network owned by Google - because it feared regulatory scrutiny and reputational harm.

https://fudzilla.com/news/54490-us-s...o-shareholders
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