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Cambridge Analytica files for bankruptcy in U.S. following Facebook debacle

5 monthes ago   |   By Reuters

Cambridge Analytica, the political consultancy at the center of Facebook Inc's privacy scandal, filed for Chapter 7 bankruptcy in the United States late on Thursday.
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Cambridge Analytica Has Filed for Bankruptcy in the U.S

5 monthes ago   |   By Fortune

Cambridge Analytica, overwhelmed by a scandal over how it harvested data from Facebook to influence the last U.S. election, filed for bankruptcy in New York.
The U.K.-based political consulting firm had already said it would cease operations and wind down in its home country and the Chapter 7 petition in New York will address issues raised by U.S. creditors. The filing listed estimated liabilities of $1 million to $10 million.
The American proceeding could also shed light on some of the company's relationships and finances, as U.S. legal proceedings are more transparent than those in the...
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