ARTICLE
27 December 2019

FTC Approves Final Settlement Agreements Concerning Collection Of Facebook Data

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The FTC approved final settlement agreements (see here and here) with the former CEO of Cambridge Analytica, LLC...
United States Privacy

The FTC approved final settlement agreements (see here and here) with the former CEO of Cambridge Analytica, LLC ("Cambridge Analytica") and an app developer for using deceptive business practices to collect personal information from Facebook users.

As previously covered, app developer Aleksandr Kogan and former Cambridge Analytica CEO Alexander Nix were charged with using misleading tactics to procure "tens of millions" of Facebook users' personal information. The information was collected through the "GSRApp" application on Facebook commonly known as "thisisyourdigitallife." While Cambridge Analytica ostensibly obtained permission from users to harvest their data, the FTC concluded that the company's methods for doing so were "false and deceptive."

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