News

Investors blamed Meta leadership for data privacy failures that resulted in billions in fines, including a $5 bn US ...
Meta investors say they have reached a settlement with current and former directors at the company, in order to end a multi-billion-dollar case in Delaware. Terms of the settlement, reached one day ...
Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...
Meta Platforms Inc. hired Mark Lee and Tom Gunter for its Superintelligence Labs team. Lee has started at Meta after leaving ...
Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions ...
Shareholders at Meta sued Zuckerberg, venture capitalist and board member Marc Andreessen, and others to hold them liable for billions in fines.
Meta Platforms (formerly Facebook) has faced multiple major lawsuits and regulatory actions over privacy violations ...
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 has settled a shareholder lawsuit over its $5 billion FTC fine just before trial testimony was set to begin. The ...
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 ...
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 ...
Presiding Chancellor Kathaleen St. Jude McCormick congratulated the parties and adjourned, ending what was supposed to be an eight-day-long trial. The parties did not disclose the settlement amount, ...