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Cambridge Analytica files for voluntary bankruptcy in US

AFP
New York, USAUpdated: May 18, 2018, 12:54 PM IST
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File photo. Photograph:(Reuters)

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The firm, whose attorney filed on Wednesday, announced early May that it would close and file for insolvency in Britain and the United States after failing to recover from the Facebook data scandal

Cambridge Analytica, the British marketing analytics firm, filed for voluntary Chapter 7 bankruptcy in the Southern District of New York, court filings showed.

The firm, whose attorney filed on Wednesday, announced early May that it would close and file for insolvency in Britain and the United States after failing to recover from the Facebook data scandal.