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Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.
The settlement allows plaintiffs to avoid trying a very difficult case. Meta investors alleged that former and current board ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
The post Meta Investors Settle $8 Billion Privacy Lawsuit Against Zuckerberg appeared first on Android Headlines.
Meta has reached a settlement with its shareholders and company leadership, thereby avoiding an $8 billion trial.
Mark Zuckerberg will be spared testifying in Delaware's Chancery Court after Meta shareholders and his legal representatives ...
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
A settlement has been reached in a class action investors' lawsuit against Meta CEO Mark Zuckerberg and company leaders over ...
Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were ...
The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...
The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
The case is expected to run through late next week and include testimony from Meta CEO Mark Zuckerberg and former COO Sheryl ...