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The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
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The settlement allows plaintiffs to avoid trying a very difficult case. Meta investors alleged that former and current board members completely failed to oversee the company's compliance with the 2012 ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...
Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...
Meta Platforms Inc. categorically denied that it ever received the sensitive menstrual health data of millions of women using ...
Mark Zuckerberg and several current and former directors, including Sheryl Sandberg and Marc Andreessen, have settled a ...
Meta investors reach settlement for a big $8 billion Facebook-Cambridge Analytica privacy scandal lawsuit against Zuckerberg ...
Meta shareholders demanded that Mark Zuckerberg and other executives pay them $8 billion for mishandling the privacy of ...
With a settlement, current and former board leaders avoid having to take the stand in a lawsuit over their response to the ...
Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking ...
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