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Shareholders at Meta sued Zuckerberg, venture capitalist and board member Marc Andreessen, and others to hold them liable for billions in fines.
A landmark trial on board oversight ends abruptly as Meta leaders settle multibillion-dollar lawsuit over privacy lapses.
Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were seeking $8 billion in damages from Meta in fines and legal costs shelled ...
Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...
A settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
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The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled to testify.
Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
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