Episode 1018 • • 21:41 - 25:45
1018: Bunny Wars
Fraley v. Facebook Settlement, Class Action Lawsuits, FTC Fines
The 2011 Fraley v. Facebook class action lawsuit regarding "Sponsored Stories" resulted in a settlement where users received checks for only $15 after years of litigation. While the FTC can theoretically fine Facebook $40,000 per violation per day, historical outcomes suggest the actual penalties and user compensation remain minimal. The efficacy of such legal actions against tech giants is questioned.