
Meta Investors and Zuckerberg Settle $8bn Facebook Privacy Lawsuit
A settlement was reached in a class action lawsuit against Meta and its leaders, including Mark Zuckerberg, over privacy violations related to the Cambridge Analytica scandal. The lawsuit sought billions in damages for failing to disclose risks and violating a 2012 FTC consent order, which led to significant fines and settlements. The details of the settlement were not disclosed, and Meta did not comment.