Investors lose $8 billion to Zuckerberg and Facebook

Meta investors settle $8 billion lawsuit with Zuckerberg over Facebook privacy

Zuckerberg Reaches Settlement in Shareholder Lawsuit Over Facebook Privacy Scandals Mark Zuckerberg has agreed to settle a major lawsuit brought by shareholders who accused Meta’s top executives and board members of mishandling repeated privacy breaches, including the high-profile Cambridge Analytica scandal. The lawsuit, which sought \$8 billion in damages, was resolved just as the trial…

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