- by foxnews
- 24 Nov 2024
An egregious breach of public trust: Ohio sues Meta over whistleblower revelations
An egregious breach of public trust: Ohio sues Meta over whistleblower revelations
- by theguardian
- 18 Nov 2021
- in technology
1.4 k views
Yost sued Meta - as Facebook was recently renamed - after revelations from the whistleblower Frances Haugen shocked consumers and sent stock prices tumbling.
Filed in the northern district of California, the Ohio suit claims that chief executive Mark Zuckerberg and associates violated federal securities law by knowingly deceiving the public.
Yost filed the complaint on behalf of Facebook investors and the Ohio Public Employees Retirement System, a public pension fund affected by falls in Facebook shares.
The Associated Press contributed reporting
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