SAN FRANCISCO (CN) — Meta told a federal judge Thursday it is immune from claims brought by financial professionals who say the tech giant helped facilitate an investment scam that unlawfully used their names and likenesses to promote Chinese penny stocks.
Meta attorney Sonal Mehta of WilmerHale argued Meta is exempt under Section 230 of the Communications Decency Act — which shields online businesses and social media platforms from liability for content posted by third parties — because scammers, and not Meta, created the content that contained impersonations of the plaintiffs.
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