Advertisements
Home News Google Wins Partial Dismissal Of Shareholder Lawsuit Over Digital Ads

Google Wins Partial Dismissal Of Shareholder Lawsuit Over Digital Ads

by Celia
Google

Alphabet’s Google has successfully convinced a federal judge in San Francisco to dismiss part of a lawsuit alleging the company misled investors about its digital advertising practices and user privacy protections. U.S. District Judge Rita Lin ruled that shareholders failed to adequately support claims of false statements on Google’s website.

Advertisements

The plaintiffs can proceed with their claim that a 2020 statement by Alphabet CEO Sundar Pichai to Congress was false. The lawsuit, filed in 2023, accuses Google of rigging online advertising to favor its platforms or through an agreement with Meta’s Facebook.

Advertisements

Google denies wrongdoing, stating it operates a fair auction system. Judge Lin noted that investors did not prove Google acted with the necessary intent for securities fraud, and a CEO’s role does not automatically make them responsible for all website statements.

Advertisements

Related topics:

Advertisements

You may also like

logo

Bilkuj is a comprehensive legal portal. The main columns include legal knowledge, legal news, laws and regulations, legal special topics and other columns.

「Contact us: wougua@gmail.com」

© 2023 Copyright bilkuj.com