Justices Urged To 'Shut The Door' On Meta Disclosure Suit

By Jessica Corso (April 5, 2024, 10:27 PM EDT) -- The U.S. Supreme Court should "shut the door" on private securities lawsuits that could create a bloated disclosure regime and hurt businesses and investors alike, the U.S. Chamber of Commerce said Friday in a brief backing Meta Platforms Inc.'s call for the justices to hear a shareholder proposed class action over the Cambridge Analytica data abuse scandal....

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