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A lawyer for Meta Platforms Inc. investors says that his clients have reached a settlement with current and former directors ...
Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...
Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.
The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.
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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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 CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day ...
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Mark Zuckerberg will be spared testifying in Delaware's Chancery Court after Meta shareholders and his legal representatives ...
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Interesting Engineering on MSNMeta leaders settle $8 billion lawsuit, avoid testifying in privacy violations caseA landmark trial on board oversight ends abruptly as Meta leaders settle multibillion-dollar lawsuit over privacy lapses.
Meta shareholders demanded that Mark Zuckerberg and other executives pay them $8 billion for mishandling the privacy of ...
Have you ever streamed a Korean drama or an Asian show, or a movie on Viki? You may be entitled to a payment as part of an $8 million class action settlement. Viki, a popular streaming service that ...
Meta Platforms Inc. categorically denied that it ever received the sensitive menstrual health data of millions of women using ...
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