Ohio‘s largest public employee pension fund has sued Facebook – now known as Meta – alleging that it broke federal securities law by purposely misleading the public about the negative effects of its social platforms and the algorithms that run them. The lawsuit by the Ohio Public Employees Retirement System specifically claims that Facebook buried inconvenient findings about how the company has managed those algorithms as well as the steps it said it was taking to protect the public. The suit also contends claims that Facebook knew […]

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