Meta Platforms Inc., the parent company of Facebook, is embroiled in a high-stakes $8 billion lawsuit brought by its own shareholders, including major institutional investors. The legal action, filed ...

Terms of the settlement, which were reached one day after the trial started, weren't immediately disclosed. Representatives ...

Investors wanted Zuckerberg and a handful of senior Meta employees pay back billions of dollars the company lost due to fines ...

Mark Zuckerberg and current and former Meta executives agreed on Thursday to settle a $8 billion shareholder lawsuit alleging the company’s directors failed to prevent billions of dollars in fines ...

The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled to testify.

The lawsuit attempted to hold Mark Zuckerberg, Marc Andreessen, and other company officials personally liable for the ...

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, ...