US Edition
Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy litigation
DELAWARE, JUL 17 – The settlement ends a rare Caremark claim trial accusing Meta executives of failing to oversee privacy compliance, with shareholders seeking $8 billion for regulatory fines and legal costs.
- On July 17, 2025, Mark Zuckerberg along with various past and present leaders of Meta Platforms reached an agreement to resolve an $8 billion lawsuit concerning ongoing privacy breaches on Facebook.
- The lawsuit began after revelations that Facebook violated a 2012 FTC agreement by improperly sharing user data, linked to the Cambridge Analytica scandal.
- An expert witness testified about gaps in Facebook's privacy policies, while defendants denied all allegations, calling them "extreme claims."
- Plaintiffs' attorney Sam Closic remarked that the settlement was reached swiftly, while Meta has reportedly spent billions of dollars enhancing user privacy efforts since 2019.
- The settlement avoids further trial proceedings but leaves unclear whether it includes admissions of wrongdoing or financial obligations from individual defendants.
194 Articles
194 Articles
Accused of negligence in the Cambridge Analytica scandal, Zuckerberg and former Facebook executives escape the trial thanks to a discreet agreement. ...
The billion-dollar data protection process against Meta ended after one day with a comparison between Zuckerberg and complaining investors.
Roanoke Times
News & RecordSettlement reached in Meta lawsuit
WILMINGTON, Del. — A settlement was announced Thursday in court in a class-action investors' lawsuit against Meta CEO Mark Zuckerberg and current and former company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
Settlement reached in investors' Meta lawsuit
WILMINGTON, Del. — A settlement was announced Thursday in court in a class-action investors' lawsuit against Meta CEO Mark Zuckerberg and current and former company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
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