Legal Investigation Looks into Bloomberg Over Possible Privacy Law Violations

Last Updated on January 23, 2024

Investigation Complete

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At A Glance

This Alert Affects:
Anyone with an account on Bloomberg.com who watched videos on the website and also has a Facebook account.
What’s Going On?
It’s believed that Bloomberg may have used a tracking tool on its website to record free accountholders' and paid subscribers’ activities – specifically, which videos they watch – and secretly shared this data with Facebook. Attorneys are now gathering Bloomberg.com subscribers to take action over potential privacy violations.
What Am I Signing Up For, Exactly?
You’re signing up for what’s known as “mass arbitration,” which involves hundreds or thousands of consumers bringing individual arbitration claims against the same company at the same time and over the same issue. This is different from class action litigation and takes place outside of court.
Does This Cost Anything?
It costs nothing to sign up, and the attorneys will only get paid if they win your claim.
How Much Could I Get?
While there are no guarantees, the federal Video Privacy Protection Act states that consumers who had their rights violated under the law could be owed $2,500.