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Mealeys

Mealey's Antitrust/Unfair Competition - $40 Million Settlement Of Inflated Facebook Ad Metrics Preliminarily Approved

OAKLAND, Calif. - Two advertisers who brought fraud and unfair competition class claims against Facebook Inc. over inflated video advertising metrics saw their proposed settlement with the social network preliminarily approved Nov. 6 by a California federal judge, who deemed the $40 million settlement of the three-year old lawsuit to be "fair, reasonable, and adequate" (LLE One LLC, et al. v. Facebook Inc., No. 4:16-cv-06232, N.D. Calif.).
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