From www.investmentlawwatch.com: [US context] Two investors have filed a class action lawsuit against a major asset management firm, alleging that its use of third-party tracking tools, including Meta Pixel and Google Analytics, violates anti-wiretapping laws due to lack of user consent.

The plaintiffs claim these tools unlawfully captured sensitive data such as account logins and trade instructions, and seek classwide damages for statutory violations.

In response, asset management firms are advised to audit their tracking practices, pause sensitive data flows, and review user disclosures to mitigate potential legal risks.