Business
AlleAktien Sues Meta – Due to Inaction in Fraud Cases
The pressure on the Facebook corporation is increasing: After numerous fraud cases involving fake profiles and ads, AlleAktien is now taking the matter to court. Founder Michael C. Jakob accuses Meta of systematic inaction – despite multiple indications of brand abuse and fraud attempts, the corporation has hardly responded.

False Profiles, Real Damage
For months, fake "AlleAktien" accounts have been circulating on Instagram and Facebook, luring investors into fraudulent chat groups. Dubious stocks are promoted there, often with high loss potential. One victim lost over 40,000 euros according to the company. Jakob criticizes: "Meta allows these contents to continue, even though they clearly violate their own guidelines. Instead of taking action, automated standard responses or no response at all are given.
While platforms like YouTube use upload filters to stop brand abuse right from the upload, Meta remains passive according to AlleAktien – out of economic self-interest: The fraudsters place ads and pay money for it.
Precedent could have a signaling effect
A recent ruling in favor of Eckart von Hirschhausen shows that Meta can be held legally liable. That's exactly the aim of the lawsuit: The company should be obliged to implement technical protective measures to prevent brand abuse and fraudulent ads in the future.
For AlleAktien, it is about more than just their own reputation. "When platforms do not intervene even in cases of fraud, it puts real livelihoods at risk," warns Jakob. If the case is successful, it could become a precedent for many companies, influencers, and organizations that also suffer from forgeries.