Director Roderick Fenske, formerly of the Swedish collective Acne, has joined bicoastal/international Hungry Man. Fenske has an agency creative pedigree, having been at such shops as Saatchi & Saatchi San Francisco, Ogilvy & Mather, New York, and HHCL, London….Brigette Whisnant has been promoted to senior VP, director of film and digital production, at Energy BBDO Chicago. She joined the agency in 2006 as executive producer, having previously been at Fallon Minneapolis….Editor Charlie Johnston, who’s been with bicoastal Lost Planet for the past nine years, has been named a partner in the company….Construction has begun on Deluxe New York, a custom-built film lab, HD telecine, digital media management and EFILM digital intermediate production center. Nestled in a TriBeCa location, the facility is expected to be operational by early ’08. Key management positions will be announced in the coming months…
Supreme Court Allows Multibillion-Dollar Class Action Lawsuit To Proceed Against Meta
The Supreme Court is allowing a multibillion-dollar class action investors' lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
The justices heard arguments in November in Meta's bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place.
The high court dismissed the company's appeal, leaving in place an appellate ruling allowing the case to go forward.
Investors allege that Meta did not fully disclose the risks that Facebook users' personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump 's first successful Republican presidential campaign in 2016.
Inadequacy of the disclosures led to two significant price drops in the price of the company's shares in 2018, after the public learned about the extent of the privacy scandal, the investors say.
Meta spokesman Andy Stone said the company was disappointed by the court's action. "The plaintiff's claims are baseless and we will continue to defend ourselves as this case is considered by the District Court," Stone said in an emailed statement.
Meta already has paid a $5.1 billion fine and reached a $725 million privacy settlement with users.
Cambridge Analytica had ties to Trump political strategist Steve Bannon. It had paid a Facebook app developer for access to the personal information of about 87 million Facebook users. That data was then used to target U.S. voters during the 2016 campaign.
The lawsuit is one of two high court cases involving class-action lawsuits against tech companies. The justices also are wrestling with whether to shut down a class action against Nvidia.... Read More