As a public company they need to disclose information to investors which in some cases they didn't disclose. This is a SEC violation that might be hard to prove

As a public company they need to disclose information to investors which in some cases they didn't disclose. This is a SEC violation that might be hard to prove since it's hard to say what's OK and isn't. Also Facebook reps lied to congress which is criminal. The studies show they clearly knew a lot more than they were admitting to about the impact they had and lied under oath.