Meta Accused Of Hiding $4B In Facebook Ad Overcharges

Meta Accused Of Hiding $4B In Facebook Ad Overcharges <https://www.law360.com/technology/articles/2324935?nl_pk=b6acf8b6-b37c-4b07-bf77-776199569a34&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2025-04-15&read_main=1&nlsidx=0&nlaidx=4> By Dorothy Atkins South Carolina-based fitness company Iron Tribe has hit Meta Platforms Inc. with a proposed class action in California federal court, alleging the social media giant secretly overcharged Facebook advertisers $4 billion by using a flawed "blended price" auction system that it hid from advertisers and took years to correct. Complaint attached | Read full article » <https://www.law360.com/technology/articles/2324935?nl_pk=b6acf8b6-b37c-4b07-bf77-776199569a34&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2025-04-15&read_more=1&nlsidx=0&nlaidx=4> | Save to favorites » <https://www.law360.com/technology/articles/2324935?nl_pk=b6acf8b6-b37c-4b07-bf77-776199569a34&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2025-04-15&read_later=1&nlsidx=0&nlaidx=4>
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Gunnar Larson