Cambridge Analytica Boss Banned from Holding Company Directorships
LONDON, 26th Sept. 2020— The boss of Cambridge Analytica has been banned from holding company directorships for seven years effective from 5 October 2020 over a scandal on Facebook users’ private data theft.
Britain’s Insolvency Service banned Alexander Nix from running companies after he permitted Cambridge Analytica’s parent firm, SCL Elections Ltd., and connected firms to “market themselves as offering potentially unethical services to prospective clients.”
U.K.-based Cambridge Analytica was accused of playing a key role in the 2014 breach of 87 million Facebook users’ personal data. The company denied it used the data for Trump’s 2016 election campaign, but some former employees have disputed that. Facebook CEO Mark Zuckerberg has said that it was “entirely possible” the social ...