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Meta shareholders demanded that Mark Zuckerberg and other executives pay them $8 billion for mishandling the privacy of ...
The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...
WILMINGTON, Delaware, July 17 (Reuters) - A lawyer for Meta Platforms (META.O) shareholders who were suing Mark Zuckerberg ...
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 ...
With a settlement, current and former board leaders avoid having to take the stand in a lawsuit over their response to the ...
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Mark Zuckerberg will be spared testifying in Delaware's Chancery Court after Meta shareholders and his legal representatives ...
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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 claims focused on directors allowing Facebook to breach the 2012 FTC agreement - breaches that culminated in a $5 billion ...
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Interesting Engineering on MSNMeta leaders settle $8 billion lawsuit, avoid testifying in privacy violations caseA landmark trial on board oversight ends abruptly as Meta leaders settle multibillion-dollar lawsuit over privacy lapses.
The lawsuit aimed to hold Meta executives accountable for not preventing privacy violations impacting Facebook users.
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