Lowenstein Sandler serves as bankruptcy counsel to the certified class of consumer privacy plaintiffs in the Facebook consumer privacy user profile class action pending in the United States District Court for the Northern District of California, in which a federal judge has granted preliminary approval of a $725 million settlement for all Facebook users in the U.S. between May 2007 and December 2022.
In particular, Lowenstein Sandler represents the consumer privacy plaintiffs in the Cambridge Analytica Chapter 7 bankruptcy case; Cambridge Analytica is the political consultancy at the center of the class action litigation.
As reported in Law360, the dispute arises from the 2018 “revelation that an app developer had taken personal data from … unsuspecting Facebook users and sold it to Cambridge Analytica, a U.K.-based political consulting firm hired by former President Donald Trump's 2016 campaign. Cambridge Analytica filed for bankruptcy shortly afterward.” The article calls the deal a "historic privacy settlement of claims against Facebook."
A final approval hearing is scheduled for early September.
Lowenstein's Bankruptcy & Restructuring Department team members include Michael S. Etkin, Nicole Fulfree, and Michael Papandrea.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.