Topic: corporate misrepresentation
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New Mexico Sues Meta Over Child Predator Facilitation
New Mexico's lawsuit alleges Meta knowingly misled the public about platform safety, prioritizing profits and free expression over protecting young users, while internal research highlighted risks like millions of underage accounts. The trial includes a unique undercover investigation by the stat...
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Frank founder gets 7 years for $175M JPMorgan Chase fraud
Charlie Javice, founder of Frank, was sentenced to seven years in prison for defrauding JPMorgan Chase into acquiring her company for $175 million based on false user data. She misrepresented Frank's user base by claiming over four million customers, while the actual number was only around 300,00...
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