Mark Zuckerberg, along with current and former high-ranking employees at Meta, reached an $8 billion settlement for damages caused by repeatedly allowing violations of Facebook users’ privacy.
A lawyer for the shareholders told Judge Kathaleen McCormick of the Delaware Court of Chancery on Thursday that the case was settled. Details of the settlement were not disclosed, and defense lawyers did not address the judge, according to Reuters.
Meta Founder and CEO Mark Zuckerberg speaks at LlamaCon 2025, an artificial intelligence developer conference, in Menlo Park, California, Tuesday, April 29, 2025. (AP Photo/Jeff Chiu, file)
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Shareholders at Meta sued Zuckerberg, billionaire venture capitalist and board member Marc Andreessen, and others to hold them liable for billions of dollars in fines and legal costs the company paid in
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