An Australian litigation funder is preparing to file a lawsuit against Facebook over the Cambridge Analytica revelations, Reuters reports. IMF Bentham filed a complaint with the Office of the Australian Information Commissioner alleging Facebook violated the country’s data-sharing privacy laws. IMF said it may file a class-action lawsuit seeking compensation for the 311,000 Australians affected by the data-sharing practices depending on the commissioner’s response. “There’s just not that much precedent, certainly not for the sort of scale that we’re talking about here,” IMF Bentham Investment Manager Nathan Landis said. A Facebook spokeswoman said the tech company is fully cooperating with the Australian commissioner’s investigation.
Full Story