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Facebook's legal troubles are certainly not imaginary. They are actual, they are ongoing, they are overwhelming and there's more and more coming out all the tim
by jd115 5y ago
Facebook's legal troubles are certainly not imaginary. They are actual, they are ongoing, they are overwhelming and there's more and more coming out all the time. Zuck and Thiel themselves are named as defendents on multiple very serious lawsuits which money alone could not spare them from (and not for lack of trying - untold billions have been spent in the past 5 years to ensure Zuck's name didn't show up on lawsuits. Until it did.)
- grp000 5y agoI haven't been following FB, and wasn't aware that Zuckerberg could be liable for more than financial penalties. Is it regarding Cambridge Analytics? https://www.google.com/amp/s/www.nytimes.com/2021/10/20/technology/mark-zuckerberg-facebook-lawsuit.amp.html https://www.google.com/amp/s/www.nytimes.com/2021/10/20/tech...
- dmead 5y agohe's talking about how they may have misrepresented the business of the company to investors. the SEC has ongoing stuff about this.
- throoo0ooowaway 5y agoThis is where Matt Levine would opine "everything is securities fraud".
- dmead 5y agomaybe. if nothing matters then it doesn't matter if zuck gets charged with something then.