Dan Levine of Reuters reports:
A U.S. judge rejected Facebook Inc’s proposed legal settlement to resolve allegations that the social networking company violated its members’ rights through the its ‘Sponsored Stories’ advertising feature.
In an order on Friday, U.S. District Judge Richard Seeborg in San Francisco listed several concerns with the proposed settlement, including a request for more information on why the agreement does not award any money to members.
Read more on The Los Angeles Times.
Amazing what can happen when a judge actually thinks about whether a deal worked out by attorneys really benefits the consumers. This settlement had seemed like a “done deal” and then it blew up. It will be interesting to see what the attorneys come back with in response.