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Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.
The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
A settlement was announced Thursday in court in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and ...
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 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 ...
Meta shareholders demanded that Mark Zuckerberg and other executives pay them $8 billion for mishandling the privacy of ...
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
Mark Zuckerberg will be spared testifying in Delaware's Chancery Court after Meta shareholders and his legal representatives ...
Meta CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day ...
Meta Platforms Inc. Chief Executive Mark Zuckerberg, along with former and current company directors and officers, today ...
Meta shareholders argue that Zuckerberg, Sandberg and former VP Konstantinos Papamiltiadis violated their fiduciary duties ...
Meta Platforms Inc. categorically denied that it ever received the sensitive menstrual health data of millions of women using ...