![A smartphone displaying the Cambridge Analytica logo in front of the Facebook logo. A smartphone displaying the Cambridge Analytica logo in front of the Facebook logo.](https://www.lawcommentary.com/img/articles/jCVvWdt6atyPZ27eBbI7NvYiSN6yO0WkUQrG2yUi.jpg?fit=crop&fm=jpg&h=111&w=111&signature=59ece8beb11058868d0916da11844f192882038640db954a44255a00e0711f81)
When Facebook learned that the personal data of its users had been harvested by a British consulting firm named Cambridge Analytica in 2018, the social media giant violated the Securities and Exchange Act by failing to disclose the data breach to its stockholders for two years. Instead, the Menlo Park-based... Read More »