Facebook Parent Company Meta Sued By Former Arkansas Gov Huckabee Over Weed Product Ad Misuse
Portfolio Pulse from Nicolás Jose Rodriguez
Former Arkansas Governor Mike Huckabee has filed a lawsuit against Meta Platforms Inc. (NASDAQ:META) for unauthorized advertisements on Facebook that falsely used his name and likeness to promote CBD gummies. The lawsuit, filed in the U.S. District Court in Delaware, accuses Meta of violating the Arkansas Frank Broyles Publicity Rights Protection Act, invasion of privacy, and unjust enrichment. The case underscores ongoing issues with false endorsements and misuse of public figures' identities in advertising.
July 06, 2024 | 3:45 pm
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Meta Platforms Inc. (NASDAQ:META) is facing a lawsuit from former Arkansas Governor Mike Huckabee over unauthorized advertisements on Facebook that falsely used his name and likeness to promote CBD gummies. The lawsuit could lead to increased scrutiny and regulatory pressure on Meta's advertising practices.
The lawsuit against Meta by a high-profile figure like Mike Huckabee could result in negative publicity and potential regulatory scrutiny, which may impact Meta's stock price negatively in the short term.
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