Zuckerberg settles lawsuit over Cambridge Analytica scandal
The Peninsula
Washington: Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake...
Washington: Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake of the Cambridge Analytica privacy scandal.
A trial over the long-running case had just begun on Wednesday, with defendants accused of overpaying the US government in 2019 when they engineered a $5 billion settlement for alleged privacy violations in the scandal.
Sources familiar with the matter confirmed the settlement to AFP, without providing details.
A spokesman for Meta, the parent company of Facebook, declined to comment.
Lawyers for the defendants and shareholders didn't immediately return requests for comment.
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