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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 lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
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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 settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
Mark Zuckerberg and several current and former directors, including Sheryl Sandberg and Marc Andreessen, have settled a ...
Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...
Meta investors reach settlement for a big $8 billion Facebook-Cambridge Analytica privacy scandal lawsuit against Zuckerberg ...
Meta Platforms Inc. categorically denied that it ever received the sensitive menstrual health data of millions of women using ...
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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.
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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