Tuesday, November 16, 2021

Ohio AG Hits Facebook With Fraud Suit

Ohio's Attorney General filed a lawsuit against Facebook alleging the company misled the public and cost investors billions.

The case was filed on behalf of the Ohio Public Employees Retirement System and Facebook investors, who collectively lost more than $100 billion in market share since employee-turned whistleblower Frances Haugen first leaked internal documents to the Wall Street Journal, AG David Yost said.