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The last-minute settlement ended an $8 billion trial. It also took the heat off the state of Delaware, which has been plagued ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
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Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy violations
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 ...
WILMINGTON, Del. (AP) — A settlement was announced Thursday in court in a class action investors’ lawsuit against Meta CEO ...
Mark Zuckerberg and several current and former directors, including Sheryl Sandberg and Marc Andreessen, have settled a ...
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...
Meta investors reach settlement for a big $8 billion Facebook-Cambridge Analytica privacy scandal lawsuit against Zuckerberg ...
Meta shareholders demanded that Mark Zuckerberg and other executives pay them $8 billion for mishandling the privacy of ...
Meta Platforms Inc. categorically denied that it ever received the sensitive menstrual health data of millions of women using ...
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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