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Facebook Reportedly Set To Shell Out $10 Million In Sponsored Stories Lawsuit

Facebook Reportedly Set To Shell Out $10 Million In Sponsored Stories Lawsuit

By Mary Beth Quirk June 18, 2012

Handing over $10 million in a lawsuit settlement doesn’t sound like a great result for a company, unless, however, that company is Facebook and it could’ve potentially had to pay billions. Back in May it was reported that the company had settled with users suing over what they called a “misleading advertising scheme” involving “Sponsored Stories,” but the terms were undisclosed at that time. [More]

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