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Meta investors, Zuckerberg reach settlement to end trial over Facebook privacy litigation
A lawyer for Meta Platforms shareholders who were suing Mark Zuckerberg and other company leaders told a Delaware judge on Thursday that the parties had reached a settlement agreement, ending a $8 billion trial over Facebook’s user privacy violations.
Facebook is officially a public company as of Friday morning shortly after 11:00 a.m. Eastern Time, and what better way to celebrate the milestone than … ...
Supreme Court to hear Facebook appeal linked to investor lawsuit over data breach 03:10. Washington — The Supreme Court on Friday dismissed Facebook's appeal of a lower court order reviving a ...
The Facebook lawsuit was one of two securities cases the Supreme Court is considering this term. In the other, the chipmaker and world’s most valuable company, Nvidia, ...
The lawsuit was first filed in May 2014, just months after Facebook acquired Oculus in a deal that at the time was reported to be worth $2 billion and signified the social network's entry into VR.
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