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The suit largely concerned a $5 billion fine from the Federal Trade Commission in 2019, which alleged Facebook failed to ...
Meta shareholders argue that Zuckerberg, Sandberg and former VP Konstantinos Papamiltiadis violated their fiduciary duties ...
The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
A landmark trial on board oversight ends abruptly as Meta leaders settle multibillion-dollar lawsuit over privacy lapses.
The settlement allows plaintiffs to avoid trying a very difficult case. Meta investors alleged that former and current board ...
A settlement was announced Thursday in court in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and ...
Meta CEO Mark Zuckerberg and other investors have reached a settlement with company shareholders. This ends a claim seeking ...
The lawsuit targets billionaires including Zuckerberg, Sheryl Sandberg, Marc Andreessen, Peter Thiel and Reed Hastings—along with Biden’s former chief of staff.
The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...
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 ...