📉Cambridge Analytica and Scl Elections Commence Insolvency Proceedings and Release Results of Independent Investigation into Recent Allegations
Cambridge Analytica has filed for bankruptcy in the US.
The consultancy was at the centre of the Facebook data-sharing scandal in which it was accused of improperly obtaining information on users.
The bankruptcy proceedings are part of the process of closing down the company and its UK parent, SCL Elections, that started in early May.
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Cambridge Analytica Files Bankruptcy Liquidation Case In NY – Law360
https://www.law360.com/technology/articles/1045212
Cambridge Analytica files for bankruptcy in the US
https://www.engadget.com/2018/05/18/cambridge-analytica-files-bankruptcy-in-us/