Judge Approves FTC’s $5 Billion Settlement Of Facebook Privacy Violations

Mealey's (April 27, 2020, 9:12 AM EDT) -- WASHINGTON, D.C. — Nine months after the Federal Trade Commission sought approval of a $5 billion settlement with Facebook Inc. of the social network’s failure to comply with a 2012 settlement of privacy violations, a District of Columbia federal judge on April 23 granted his approval, deeming the new settlement to be fair and in the public interest, while decrying Facebook’s “stunning” violations of the law and the previous agreement (United States v. Facebook Inc., No. 1:19-cv-02184, D. D.C., 2020 U.S. Dist. LEXIS 72162)....