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Meta's $8 Billion Settlement: Privacy Claims Triggered Legal Standoff
Meta Platforms, led by Mark Zuckerberg, settled a lawsuit seeking $8 billion for privacy violations. Shareholders accused the company of neglecting user data protection, resulting in significant fines.
Zuckerberg and Meta investors settle $8bn Facebook privacy lawsuit
The lawsuit aimed to hold Meta executives accountable for not preventing privacy violations impacting Facebook users.
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Meta shareholders are suing the company’s board for allegedly failing to enforce privacy rules
Meta’s executives will meet in a Delaware court starting Wednesday over a lawsuit filed by three minority shareholders who allege that the company’s board of directors failed to enforce privacy rules.
Zuckerberg back on the stand? Meta boss expected to testify in trial on the heels of FTC grilling
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and penalties.
Meta trial becomes test of board culpability over corporate scandals
Delaware court to hear testimony from Mark Zuckerberg, executives and directors in rare case that begins this week
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Meta bosses in Delaware court
Shareholder lawsuit challenges board oversight Meta bigwigs are heading to a Delaware courtroom this week as minority investors target the board over privacy failures that led to billions in sanctions.
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