Meta Faces Class Action Claim Over Fraudulent Ads in ‘Pump-and-Dump’ Schemes

Financial advisers allege the social media giant has violated the Lanham Act and other laws by allowing scam artists to fraudulently use their images and names to steer investors to Chinese-based securities scams.

       

Financial advisers allege the social media giant has violated the Lanham Act and other laws by allowing scam artists to fraudulently use their images and names to steer investors to Chinese-based securities scams.