There is no guarantee that f a c e book will secure your personal details and personal pics.
What if one day, while taking your breakfast you'll see on the paper, "f a c e book breached by a teenager"? You can chase no one, besides, this is similar to other Insurance Firms or Banks or Hospitals where personal details where stolen, or probably sold by the firm themselves, again, I haven't heard someone who sued their bank or their insurance firms, when there databases are breached. You'll only feel sad when those big firms' records are copied, and you're one of their client.
I wonder if the above issue was the real cause of this worldwide downturn, some electronic numbers are missing. I think the IT industry is the main cause and everybody is pointing there fingers at CEO's. (farfetched, but possible)