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Facebook (NASDAQ:FB) last month agreed to pay $10M to charity to settle a lawsuit brought by...

Jun. 17, 2012 9:27 AM ETMeta Platforms, Inc. (META) StockMETABy: Yigal Grayeff, SA News Editor
Facebook (NASDAQ:FB) last month agreed to pay $10M to charity to settle a lawsuit brought by five users who accused the Web site of breaking California law when using their "Likes" to promote "Sponsored Stories." Facebook may well have escaped lightly: the proposed class-action lawsuit could have included almost a third of Americans and led to billions in damages.

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