Consumer Privacy Group Challenges Facebook's $5 Billion Settlement

A consumer privacy group has filed a challenge to Facebook’s $5 billion settlement with the Federal Trade Commission, saying it is not “adequate, reasonable or appropriate” and lets the social media giant off the hook for years of violations. The Washington-based Electronic Privacy Information Center asked a federal district court in Washington D.C. to intervene in finalizing the settlement, which was approved 3-to-2 by the FTC.