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Facebook Inc (FB) Sued In Europe Over Privacy Violations

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Mark Melin
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Facebook Inc (NASDAQ:FB) is facing a class-action lawsuit in Europe that could bring Facebook’s lack of privacy protection into focus.

Facebook Inc (FB) Sued In Europe Over Privacy Violations

Facebook violated Europe privacy laws by participating in NSA's spying program

Austrian law student and privacy activist Max Schrems said Friday he will challenge the social network in court.  Schrems says Facebook violated Europe’s generally clear privacy laws and disregarded its own terms of agreement when it participated in a general spying program operated by the NSA.

“We see that Facebook is violating EU privacy laws for a very long time and wanted to take action,” said Schrems in...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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