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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 ...
Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing ...
Shareholders at Meta sued Zuckerberg, venture capitalist and board member Marc Andreessen, and others to hold them liable for billions in fines.
Meta has settled a shareholder lawsuit over its $5 billion FTC fine just before trial testimony was set to begin. The ...