A US judge rejected Meta Platforms' bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam Facebook advertisements that show him promoting fake cryptocurrency and other fraudulent investments.
Fortescue's founder and executive chairman Andrew Forrest speaks during an interview with Reuters, in Beijing, China March 23, 2024.A US judge rejected Meta Platforms' bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam Facebook advertisements that show him promoting fake cryptocurrency and other fraudulent investments.
"Dr. Forrest claims that Meta profited more from ads that included his likeness than it would have if the ads had not," Pitts wrote. "This is enough to adequately plead that the alleged misappropriation was to Meta's advantage."The Palo Alto, California-based company had argued that Section 230 of the federal Communications Decency Act immunised it from liability as a publisher of third-party content.
The 62-year-old is executive chairman of iron ore producer Fortescue Metals Group, and with his family is worth US$16.5 billion , according to Forbes magazine.
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