Meta Platforms Inc’s Facebook has agreed in principle to settle a lawsuit in San Francisco federal court seeking damages for allowing third parties, including Cambridge Analytica, to access users’ private data, a court file found .
The financial terms were not disclosed in Friday’s filing asking the judge to delay the class action for 60 days until attorneys for both plaintiffs and Facebook reach a written settlement.
The four-year-old lawsuit alleged that Facebook violated consumer privacy laws by sharing users’ personal data with third parties, such as the now-defunct British political consultancy Cambridge Analytica.
Facebook has said its privacy practices are consistent with its disclosures and “do not support any legal claims”.
Facebook and its attorneys at Gibson, Dunn & Crutcher did not immediately respond to a request for more details about the settlement.
Of the two law firms representing the plaintiffs, Keller Rohrback declined to comment, while Bleichmar Fonti & Auld declined to comment.
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