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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 ...
Meta CEO Mark Zuckerberg and other investors have reached a settlement with company shareholders. This ends a claim seeking $8 billion for privacy violations.
In a major pushback, Meta investors filed a lawsuit against CEO Mark Zuckerberg, board member Marc Andreessen, former COO ...
Meta CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day ...
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...