Facebook Settles Sponsored Stories Suit For $10m

Facebook is paying $10 million to settle a lawsuit over ads that it called sponsored stories. Facebook's service allowed companies to pay to retransmit users' activities to their friends' pages.

Topics:  facebook   suit   sponsored stories   
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  • Facebook Reportedly Set To Shell Out $10 Million In Sponsored Stories Lawsuit
    Back in May it was reported that the company had settled with users suing over what they called a “misleading advertising scheme” involving “Sponsored Stories,” but the terms were undisclosed at that time. Users claimed the sponsored stories ...
    06/18/2012 - 7:00 am | View Link
  • Facebook to pay $10 million in 'Sponsored Stories' settlement
    Facebook has reportedly agreed to pay $10 million to settle a lawsuit concerning its Sponsored Stories advertisements. The settlement brings an end to the suit that alleged Facebook's Sponsored Stories benefited from its users' "likes" without giving them ...
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