An Austrian law student has claimed that his class action against Facebook Inc (NASDAQ:FB)’s alleged privacy violations has succeeded in getting the support of more than 60,000 users across the world and passed its first legal review. Max Schrems has a pending case in the European court of justice regarding Facebook Inc (NASDAQ:FB)’s violation of users’ privacy. Schrems has claimed $663 per user from Facebook based on his lawsuit. Reuters said in a recent report that Max Schrems has filed a case against Facebook in Vienna Regional Court. Schrems has appealed all the users of Facebook Inc (NASDAQ:FB)’s social media platform to join him in his campaign on www.fbclaim.com.
Schrems is also accusing Facebook Inc (NASDAQ:FB) of aiding U.S. National Security Agency in its “Prism” program, which was allegedly targeted on mining data of thousands of users secretly for intelligence purposes. Schrems has claimed that the Vienna Regional Court has ordered Facebook Ireland to file a response on this case within four weeks.
The source added that Schrems closed the list of plaintiffs earlier this month because more than 25,000 people joined the campaign and his legal team was facing difficulties in administering and supervising each and every user. After the closure of plaintiff, more than 35,000 have registered on www.fbclaim.com to join Schrems in his campaign. Facebook Inc (NASDAQ:FB) has not yet commented on this issue officially.
According to Austrian Law, a group of people can transfer their financial claims against any party through a single person. This is called a class action in legal terms. Schrems is positive about his campaign against Facebook Inc (NASDAQ:FB) and says that responses from people on this campaign have outnumbered his estimates.
Philippe Laffont of Coatue Management is one of the biggest shareholders of Facebook Inc (NASDAQ:FB), having 5.87 million shares of the company so far.