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Mark Zuckerberg and other Meta executives settle $8 billion privacy lawsuit over Cambridge Analytica, ending trial
Business Insider· 2025-07-17 14:37
Mark Zuckerberg and Meta executives agreed to settle a lawsuit brought by unhappy shareholders over how they handled a user privacy scandal, according to multiple reports. The lawsuit, which sought $8 billion in damages, alleged that executives — including CEO Mark Zuckerberg and former COO Sheryl Sandberg — "intentionally" failed to comply with a consent order from a federal regulator, leading the company to pay billions of dollars in fines.In the lawsuit, shareholders demanded that the company and its ex ...