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Henry Nicholls | Reuters
Alexander Nix, CEO of Cambridge Analytica, center, arrives at the offices of Cambridge Analytica in central London, Britain, March 20, 2018.
Cambridge Analytica is shutting down, NBC News has learned.
The political research firm with ties to the Donald Trump campaign has been caught in a whirlwind of privacy and data collection allegations in recent months.
The research firm was accused of improperly gaining access to the sensitive user information of as many as 87 million Facebook users.
Its now-ousted CEO Alexander Nix was also recorded on hidden camera implying the research firm used manipulation and bribery to learn information on political candidates.
The firm is shuttering in part due to mounting legal fees associated with its investigation into whether there had been any wrongdoing with regard to Facebook data, according to the Wall Street Journal who first reported the shuttering.
An executive at Cambridge Analytica did not immediately return request for comment from CNBC.
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