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$8 Billion Privacy Lawsuit Settled Between Meta Investors and Zuckerberg
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$8 Billion Privacy Lawsuit Settled Between Meta Investors and Zuckerberg
In a sudden tech and social media-related development, a high-profile lawsuit centered on privacy violations at Facebook—now Meta Platforms—concluded unexpectedly with a settlement with the plaintiffs: Meta investors. Shareholders had been seeking an estimated $8 billion in damages from Mark Zuckerberg and other current and former Meta directors and officers. They alleged these individuals allowed repeated breaches of user privacy, causing signi…
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