Meta investors settle $8bn lawsuit with Zuckerberg
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Meta CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day after a trial began in court over an $8 billion class-action lawsuit linked to the 2018 privacy scandal involving Cambridge Analytica, according to AFP.
Not unexpectedly, most of the lawsuits against Facebook are pending in its home state of California—over 800 cases. Most of the legal challenges against Facebook or Meta are also class action suits.
The Facebook lawsuits are part of a growing government effort against Facebook and its big tech brethren. Government lawsuits have also been brought against Google, ...