September 14th, 2018
A Nielsen shareholder has sued the company and its CEO and CFO for damages, alleging that it made misleading statements about its GDPR readiness.
Arun Bhattacharya took the case to the District Court for the Southern District of New York last week, claiming that shareholders were misled by statements made in conference calls and via press releases and other documents.
The statements are said to have covered both the preparedness of the company to comply with the regulation and whether it would affect Nielsen’s ability to access third-party data from Facebook and other firms which it relies on to generate its own metrics.
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