While everyone at Facebook HQ should be celebrating the company launching its stock, the lawyers are busy facing down a new $15 billion dollar lawsuit.
A total of 21 lawsuits from around the country have now been combined into one massive class action lawsuit with a value of $15 billion. According to Bloomberg, the paperwork has been filed in the Federal Court in San Jose, California by Stewarts Law US LLP.
The main issue at stake here are claims that Facebook continued to track users’ Web activity even after they had logged out of their accounts on the social network. “This is not just a damages action, but a groundbreaking digital-privacy rights case that could have wide and significant legal and business implications,” said David Straite, a partner at Stewarts Law partner. Currently the lawsuit only covers residents of the United States, but the law firm is currently looking into methods by which it could add additional litigants from other countries.
A spokesperson from Facebook’s legal department said of the lawsuit that it is “without merit and we will fight it vigorously.”