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 ...

Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...

The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...

The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...

The case is expected to run through late next week and include testimony from Meta CEO Mark Zuckerberg and former COO Sheryl ...

Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were ...

With a settlement, current and former board leaders avoid having to take the stand in a lawsuit over their response to the ...

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 suit largely concerned a $5 billion fine from the Federal Trade Commission in 2019, which alleged Facebook failed to ...