3. Class Action Filing over Facebook Credits

Parents demanded refund for all the virtual goods that their minor children had bought using Facebook Credits by misrepresentation of their rights to buy the companies online currency. “Facebook Credits are widely used in many games and apps and allow users to purchase any number of virtual goods, such as virtual sheep, or to play poker on sites like Zynga. The currency is reportedly a large source of revenue for Facebook, which takes a 30 percent cut of all transactions,” reported Lawsuitsandsettlements.com.