Meta has reached a confidential settlement with shareholders just before a major trial over Zuckerberg’s power and board oversight was set to begin, ending a legal fight over Facebook governance.

Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users' privacy,

The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled to testify.