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A class action suit brought by Meta shareholders that sought $8 billion from its current and former leaders has been settled. The suit was filed as recompense for the $5 billion in fines and added ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
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Meta Settles $8 Billion Lawsuit
Meta finally settled an 8-billion-dollar lawsuit that was filed by shareholders in 2018 for failing to follow a previous ...
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and ...
Terms of the settlement, which were reached one day after the trial started, weren't immediately disclosed. Representatives ...
The case is expected to run through late next week and include testimony from Meta CEO Mark Zuckerberg and former COO Sheryl ...
A settlement was announced Thursday in court in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and ...
A settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over ...
Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were ...
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 settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...
The plaintiffs alleged the social media giant misled Facebook users about how it shared their personal data in violation of a ...