Zuckerberg Settles Lawsuit Over Cambridge Analytica Scandal
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Meta Platforms Inc. investors say they have reached a settlement with current and former directors at the company to end a multibillion-dollar case in Delaware.
An $8 billion US trial by Meta Platforms shareholders against Mark Zuckerberg and other current and former company leaders kicks off on Wednesday over claims that they illegally harvested the data of Facebook users in violation of a 2012 agreement with the U.
Meta Platforms is facing a legal challenge as shareholders accuse the board of inadequate oversight related to privacy violations. The case stems from the infamous Cambridge Analytica data breach. The defendants,
Facebook founder Mark Zuckerberg is urging a judge to keep a lid on the details of his stock trading plans ahead of a landmark trial set to open Wednesday over the Cambridge Analytica data scandal.