The lawsuit, filed by Meta shareholders, alleged that Zuckerberg and other top Meta officials failed in their oversight responsibilities by allowing years of data privacy breaches.

An $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders began Wednesday, with claims stemming from the privacy scandal involving the Cambridge ...

Meta CEO Mark Zuckerberg is no longer the second-richest person in the world. That title now belongs to Oracle founder Larry ...

A landmark trial on board oversight ends abruptly as Meta leaders settle multibillion-dollar lawsuit over privacy lapses.

Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were seeking $8 billion in damages from Meta in fines and legal costs shelled ...

Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...

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 ...

Meta Platforms Inc. investors say they have reached a settlement with current and former directors at the company to end a ...

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

Meta CEO Mark Zuckerberg and other investors have reached a settlement with company shareholders. This ends a claim seeking $8 billion for privacy violations.