HUD Sues Facebook for "RedLining"

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The Department of Housing and Urban Development is going after Facebook for alleged housing discrimination. HUD filed a lawsuit saying that Facebook’s advertising platform is violating fair housing laws because it allows real estate clients to micro-target certain groups of people, and exclude others. The lawsuit is surprising for a couple of reasons, including that fact that Facebook has been working with HUD to address these issues, and has already taken significant steps to prevent further violations. www.NewsForInvestors.com

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