WASHINGTON, June 10 (Reuters) - The U.S. Supreme Court
agreed on Monday to hear a bid by Meta's Facebook to
scuttle a private securities fraud lawsuit accusing the social
media platform of misleading investors in 2017 and 2018 about
the misuse of its user data.
The justices took up Facebook's appeal of a lower court's
decision allowing a shareholder lawsuit brought in California
and led by Amalgamated Bank ( AMAL ) to proceed. The court will
hear the case in its next term, which begins in October.