FIRST AIRED: March 21, 2018

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00:00:01
>> A new lawsuit accuses Facebook and political consulting group Cambridge Analytica of failing to protect and exploiting user's personal data. A Maryland woman is asking a federal judge to certify a class action suit against both companies. A legal action comes after reports Cambridge Analytica was able to improperly access 50 million Facebook users' data.
00:00:24
The company put that data to work for Donald Trumps 2016 presidential campaign. The report sent Facebook shares tumbling earlier this week, wiping out nearly $50 billion in market value. The stock recovered somewhat on Wednesday. But the threat of lawsuits could add to investor doubts the company can adequately control the problem.
00:00:44
Facebook and Cambridge Analytica did not immediately respond to requests for comment on the lawsuit. The filing seeks unspecified damages and possible punitive damages.