A last-minute settlement between Meta Platforms shareholders and the company's leadership last week ended an $8 billion trial ...

A settlement was announced Thursday in court in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and ...

The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with ...

The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled ...

Investors wanted Zuckerberg and a handful of senior Meta employees pay back billions of dollars the company lost due to fines ...

The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.

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 ...

Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.

Meta shareholders demanded that Mark Zuckerberg and other executives pay them $8 billion for mishandling the privacy of ...

Meta CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day ...

Mark Zuckerberg will be spared testifying in Delaware's Chancery Court after Meta shareholders and his legal representatives ...

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 ...