Mark Zuckerberg and Meta shareholders agree to settle an $US8 billion lawsuit over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.

Shareholders at Meta sued Zuckerberg, venture capitalist and board member Marc Andreessen, and others to hold them liable for billions in fines.

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 ...

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 ...

Un acuerdo fue anunciado el jueves en el tribunal en una demanda colectiva de inversores contra el director general de Meta, ...

Presiding Chancellor Kathaleen St. Jude McCormick congratulated the parties and adjourned, ending what was supposed to be an eight-day-long trial. The parties did not disclose the settlement amount, ...

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 to testify.