But that doesn't mean those behind the entity will escape the scrutiny of regulators. Facebook's policies allowed developers to access the personal data of "friends" of people who used certain applications - without the knowledge or consent of the users.
Facebook provided an estimate to Shapiro of the almost 3 million individuals in Pennsylvania impacted, in which it also estimated it shared a total of 70.4 million American users' data with third parties. At one point, the sell-off wiped $50 billion off the company's market value.
Adding to its headaches, Cambridge Analytica's since-suspended chief executive, Alexander Nix, was caught on tape by a United Kingdom news broadcaster suggesting that the firm could use bribes and sex workers to entrap politicians it had hoped to defeat. In addition, Jennifer and Rebekah Mercer, the daughters of businessman Robert Mercer who created and funded Cambridge Analytica, are Emerdata directors.
The company has been linked to Donald Trump's election campaign and sparked a scandal when it was revealed it collected Facebook user data inappropriately. The last date for the two companies to respond is 10th of this month.
The contract between GSR and SCL Elections stated that the predictions made by this model were comparable to, if not more accurate than, those made by close acquaintances of test groups. Other Emerdata directors include people associated with Cambridge Analytica.
Ms Denham said the prime allegation against Cambridge Analytica is that it acquired personal data in an unauthorised way, adding that the data provisions act requires services like Facebook to have strong safeguards against misuse of data.
"The investigations into their work are vital", Collins said.
State police: 6 officers injured in explosion
Police have not released any details about why they were there, but issued road closures and asked that people to avoid the area. Residents near the home said on the police department's Facebook page that they heard the blast and felt their own homes shake.
Absolutely not, say British authorities. But, will this strategy work for the company?
"We are working with the most senior levels of Facebook Inc in the U.S., getting their co-operation".
It doesn't appear the closure would directly affect the parent company, SCL Group, making it more hard to get rid of evidence on insolvency grounds. Former Cambridge Analytica employees have said that this work was done nearly entirely in London, by people employed by the British-based SCL Group, and that some of these foreigners went to work directly on US campaigns.
Investigators in the UK, US, and other countries are still trying to figure out where facebook data was used, including in the 2016 election, and without a review of SCL/CA's computers, hard drives, databases, documents, etc, it's not yet clear what they actually did historically.
Several questions about Cambridge Analytica's operations still remain unanswered, and only time will tell whether the company's next step will involve rebranding.
Earlier this week, the committee sent a strongly-worded letter to Facebook, with 40 questions that had not yet been answered in its testimony, and a deadline of May 11 for Facebook CEO Mark Zuckerberg to agree to give evidence directly to the panel before May 24, failing which a formal summons could be issued to him.