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The settlement allows plaintiffs to avoid trying a very difficult case. Meta investors alleged that former and current board ...
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
Meta has called the FTC’s case “weak” and, in a show of confidence, wrapped up its defense earlier than expected last week after calling just a few witnesses.
Meta concluded its defense in the FTC’s antitrust trial, calling WhatsApp co-founder Brian Acton and a former Instagram infrastructure executive to argue that Meta’s support, not its dominance ...
Mark Zuckerberg will be spared testifying in Delaware's Chancery Court after Meta shareholders and his legal representatives ...
The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...
A class action suit brought by Meta shareholders that sought $8 billion from its current and former leaders has been settled. The suit was filed as recompense for the $5 billion in fines and added ...
Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were ...
Meta then petitioned Kelly to prevent the FTC from proceeding with its administrative complaint at an in-house hearing. The company argued that only a federal court -- not the FTC itself ...
Meta asked a federal judge Thursday to toss the Federal Trade Commission’s (FTC) case against the social media giant, arguing the agency failed to prove at trial that the company violated ...