Legal

Cambridge Analytica shouldn’t escape scrutiny through closure: UK lawmaker

LONDON, ENGLAND, UK (MAY 2, 2018) (BBC) – Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook FB.O data, should not escape scrutiny through its decision to shut down, the chairman of a committee of British lawmakers said.

Damian Collins said it was vital that investigations into concerns raised would proceed even though the companies have closed, and that the individuals responsible were held to account.

Cambridge Analytica and its parent, SCL Elections, said on Wednesday (May 2) they would begin bankruptcy proceedings after losing clients and facing mounting legal fees following reports the company wrongly harvested Facebook users’ personal data from 2014.

Allegations of improper use of data on 87 million Facebook users by Cambridge Analytica, which was hired by President Donald Trump’s 2016 U.S. election campaign, has hurt the shares of the world’s biggest social network and prompted multiple official investigations.

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