Facebook Inc Served Class Action Over Alleged Privacy Breaches


The 26 year old law student from Austria has convinced Facebook Inc (NASDAQ:FB) users to unite in a lawsuit against the Irish subsidiary of the social media giant, which is responsible for all accounts outside the U.S. and Canada.

Facebook Inc Served Class Action Over Alleged Privacy Breaches

The action accuses Facebook Ireland of violating European privacy law, and is filed at the Commercial Court for Vienna, Schrems home city.

Leon Cooperman Likes These Real Estate, Credit And Private Equity Funds

InvestMany famous hedge fund managers engage in philanthropy, often through their own foundations. Leon Cooperman of Omega Advisors founded his foundation with his wife Toby, and he invested the foundation's funds into many hedge funds and other assets. Q3 2021 hedge fund letters, conferences and more Here are Leon Cooperman's favorite hedge funds based on Read More

This is the second action that he has brought against Facebook. In 2011 a previous lawsuit made user information requests easier and led to restrictions on the use of facial recognition software.

New allegations against Facebook

Schrems alleges that the way in which Facebook monitors member activity is in breach of EU law, and that the company cooperated with a U.S. surveillance scheme called Prism.

Although Facebook admitted complying with information requests related to national security from U.S. government agencies, it has denied having any knowledge of Prism before it was outlined in leaked US government documents.

The claim attacks the monitoring of user activity on external sites through the use of like buttons, and analysis of users through the use of “big data systems”.

Facebook has not commented on the wider case and according to BBC News does not plan to do so until it has been served the relevant papers.

Huge public response

Schrems decided to limit the number of participants to 25,000 in order to verify each account, but his site has been inundated with applications.

At one point he claims that a new participant was signing up every six seconds.

Schrems intends for the lawsuit to become a model case for the defence of European rights against technology companies who develop products that may comply with U.S. law, but are not adapted to other jurisdictions.

The action seeks injunctions against Facebook, in addition to damages of €500 per claimant, and Facebook has several weeks to respond to the suit.

Robert Bond, a partner at the law firm Speechly Bircham, stated that “it remains to be seen whether or not Facebook will try to settle as reputational damage may be worse than a financial penalty.”

Updated on

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>
Previous article Customization Of The Acura TLX Goes Live On Website
Next article Twenty-First Century Fox Beats Earnings Estimates

No posts to display