Zuckerberg and Meta investors reach settlement in $8B privacy case

Group 1 - Meta executives, including Mark Zuckerberg, have settled a lawsuit from shareholders seeking $8 billion for damages related to privacy violations during the Cambridge Analytica scandal [1] - The lawsuit alleged that executives intentionally violated a Federal Trade Commission (FTC) agreement by sharing user data without consent, leading to a $5 billion fine in 2019 for non-compliance with a 2012 agreement [2] - The trial was anticipated to include testimonies from notable figures such as Zuckerberg, former COO Sheryl Sandberg, and other prominent executives [3]