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Stockreport

Google defeats bid for billions of dollars of new penalties in US privacy class action [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
by consumers for more than $2 billion in penalties ?over the company's past collection of data from users who had switched off a ?key privacy setting. Chief U.S. District Judge Richard Seeborg denied the request to order Google to disgorge $2.36 billion in alleged profits ?and to stop certain ad-related data practices. Google had urged Seeborg not to add the penalty to a jury's verdict in September that found the company liable for secretly collecting app activity data from millions of users who had disabled a tracking feature. The jury in September awarded about $425 million in damages to the ?class action plaintiffs — far below ?the $31 billion they sought — and issued an advisory verdict that disgorgement was unwarranted. Google did not immediately respond to a request for comment. Lead attorneys for the ?plaintiffs had no immediate comment. Google has denied any wrongdoing and said it will appeal the September verdict. Seeborg on Friday rejected Google's request to decer [Read more]
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Stockreport

Google defeats bid for billions of dollars of new penalties in US privacy class action [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
by consumers for more than $2 billion in penalties ?over the company's past collection of data from users who had switched off a ?key privacy setting. Chief U.S. District Judge Richard Seeborg denied the request to order Google to disgorge $2.36 billion in alleged profits ?and to stop certain ad-related data practices. Google had urged Seeborg not to add the penalty to a jury's verdict in September that found the company liable for secretly collecting app activity data from millions of users who had disabled a tracking feature. The jury in September awarded about $425 million in damages to the ?class action plaintiffs — far below ?the $31 billion they sought — and issued an advisory verdict that disgorgement was unwarranted. Google did not immediately respond to a request for comment. Lead attorneys for the ?plaintiffs had no immediate comment. Google has denied any wrongdoing and said it will appeal the September verdict. Seeborg on Friday rejected Google's request to decer [Read more]
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