Advertisers Sue Meta For $7 Billion Over Alleged Inflated Reach Metrics

A group of advertisers has filed a lawsuit against Meta (NASDAQ: META), the parent company of Facebook and Instagram, over claims of inflated “potential reach” metrics in advertising campaigns. The lawsuit, amounting to a staggering $7 billion, alleges that Meta knowingly misrepresented the reach of ads on its platforms, leading to financial losses for advertisers. … Continue reading Advertisers Sue Meta For $7 Billion Over Alleged Inflated Reach Metrics