Google must face shareholder lawsuit claiming it hid security risks

June 16 (Reuters) – A U.S. appeals court on Wednesday revived a lawsuit in which shareholders of Google parent Alphabet Inc (GOOGL.O) accused Google of misleading them by concealing security vulnerabilities, including in its Google+ social network.

The 9th U.S. Circuit Court of Appeals in San Francisco said the lawsuit raised a “strong inference” that Alphabet and its then-Chief Executive Larry Page knew about the bugs and an internal memo on security issues, and Alphabet intentionally…


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