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Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.
A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins Wednesday.
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
Former President Joe Biden's chief of staff was on the witness stand in Wilmington defending his work on Facebook's board of directors.
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Verdict on MSNZuckerberg and Meta investors settle $8bn Facebook privacy lawsuitThe lawsuit aimed to hold Meta executives accountable for not preventing privacy violations impacting Facebook users.
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Zuckerberg Settles Shareholder Lawsuit Over Facebook Privacy ScandalsMark Zuckerberg has agreed to settle a multibillion-dollar lawsuit brought by Meta shareholders over how company leaders handled Facebook's repeated privacy violations—most notably, the Cambridge ...
Meta shareholders sued Mark Zuckerberg and executives over data oversight tied to Cambridge Analytica. An $8B settlement avoids trial and shields internal practices from public exposure.
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