
Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders
A settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The suit sought billions of dollars in reimbursement for fines and legal costs. The settlement was announced in Delaware’s Court of Chancery at the start of the second day of trial. No details about the deal were shared publicly in the courtroom, and nothing related to the settlement had been filed with the court. The attorneys involved left court without commenting. A Meta representative said it had no comment.