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Meta investors reach settlement for a big $8 billion Facebook-Cambridge Analytica privacy scandal lawsuit against Zuckerberg ...
The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
The lawsuit aimed to hold Meta executives accountable for not preventing privacy violations impacting Facebook users.
Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...
Meta Platforms (formerly Facebook) has faced multiple major lawsuits and regulatory actions over privacy violations ...
An $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders began Wednesday, with claims stemming from the privacy scandal involving the Cambridge ...
A landmark trial on board oversight ends abruptly as Meta leaders settle multibillion-dollar lawsuit over privacy lapses.
The settlement allows plaintiffs to avoid trying a very difficult case. Meta investors alleged that former and current board members completely failed to oversee the company's compliance with the 2012 ...
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...