"It helped 60 Minutes understand the severity of the allegations brought by the whistleblower."Ħ0 Minutes contacted the SEC regarding Haugen's allegations and was told it "does not comment on the existence or nonexistence of a possible investigation."Ī whistleblower complaint filed on behalf of former Facebook employee Frances Haugen cites internal documents that reference what she claims was the company's role in stoking political division. "The SEC filings lay out the scope of the internal research that Haugen brought forward," said 60 Minutes producer Maria Gavrilovic.
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Haugen's whistleblower complaints, which you can read in full below, make allegations against the $1 trillion social media company and cite some of the internal Facebook documents Haugen copied and provided to federal law enforcement. "We can attribute a vast majority of the drop in prevalence in the past three quarters to our efforts." "The prevalence of hate speech on Facebook is now 0.05%, and is down by about half over the last three quarters," Facebook's Rosen tweeted Sunday night. Haugen, a 37-year-old data scientist with a degree in computer engineering and a Master's Degree from Harvard Business School told Pelley that Facebook "picks metrics that are in its own benefit" when it comes to publishing data about hateful content and misinformation. Tye said his client is provided legal whistleblower protection from lawsuits by the Dodd-Frank Act, which became a federal law in 2010.
60 Minutes obtained the SEC letters from a Congressional source. Haugen's attorneys have filed at least eight whistleblower complaints with the SEC based on tens of thousands of internal Facebook documents secretly copied by Haugen before she left the social media company in May. Facebook whistleblower says company incentivizes "angry, polarizing, divisive content".Facebook's response to 60 Minutes' report, "The Facebook Whistleblower".securities laws by making material misrepresentations and omissions in statements to investors and prospective investors, including, inter alia, through filings with the SEC, testimony to Congress, online statements and media stories."
(NASDAQ: FB) has, for years past and ongoing, violated U.S. The filings, submitted by Haugen's lawyers, state, "Our anonymous client is disclosing original evidence showing that Facebook, Inc. Facebook Whistleblower Frances Haugen: The 60 Minutes Interview 13:37įor the first time, 60 Minutes is publishing whistleblower complaints filed with the Securities and Exchange Commission against Facebook by former employee Frances Haugen.
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