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What will be the outcome of the Cambridge Analytica lawsuit against Meta by end of 2025?
3
Resolution / Starting Odds
Meta wins the case • 25%
Meta loses the case • 25%
Case is settled out of court • 25%
Case is dismissed • 25%
Settlement reached • 25%
Meta wins case • 25%
Plaintiffs win case • 25%
Case dismissed • 25%
Official court documents or settlements
Story
Supreme Court Allows Multibillion-Dollar Cambridge Analytica Lawsuit Against Facebook to Proceed
Nov 22, 2024, 04:15 PM
The US Supreme Court dismissed an appeal by Meta Platforms Inc., the parent company of Facebook, allowing a multibillion-dollar securities fraud class action lawsuit to proceed. The lawsuit, led by Amalgamated Bank, accuses Facebook of misleading shareholders about the misuse of user data in the 2015 Cambridge Analytica scandal, which involved the harvesting of data from 30 million users. Shareholders allege that Facebook failed to disclose the risks posed by the data breach in its annual securities filings. The Supreme Court's decision leaves intact a lower court's ruling that permits investors to move forward with the lawsuit.
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Less than $100 million • 25%
$100 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
Settled for less than $3B • 25%
Settled for $3B to $5B • 25%
Settled for more than $5B • 25%
Goes to trial • 25%
Meta Found Liable • 25%
Meta Not Found Liable • 25%
Case Dismissed • 25%
Other • 25%
Meta wins all lawsuits • 25%
Meta loses all lawsuits • 25%
Mixed outcomes (some wins, some losses) • 25%
No lawsuits filed • 25%
Yes • 50%
No • 50%
No legal action • 25%
Lawsuit filed • 25%
Settlement reached • 25%
Meta wins in court • 25%
Yes • 50%
No • 50%
Meta wins the case • 25%
Meta loses and must divest Instagram • 25%
Meta loses and must divest WhatsApp • 25%
Meta loses and must divest both Instagram and WhatsApp • 25%
Meta fined • 25%
Meta settles out of court • 25%
Case dismissed • 25%
Other • 25%
Meta required to divest both Instagram and WhatsApp • 25%
Meta required to divest Instagram only • 25%
Meta required to divest WhatsApp only • 25%
No divestiture required • 25%
Meta found liable • 25%
Meta not found liable • 25%
Case settled out of court • 25%
Case dismissed • 25%