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Aug 27, 2025 |
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Forbes
17 Jul 2025
Topline
Meta CEO Mark Zuckerberg and other executives reached a settlement with a group of the company’s shareholders Thursday, ending a long-running, potentially blockbuster $8 billion trial over allegations Facebook knowingly harvested user data, according to Reuters.
Facebook shareholders sued Meta leadership in 2018, alleging the company knowingly harvest user ... More
An attorney representing Meta shareholders told Judge Kathaleen McCormick in Delaware’s Chancery Court a settlement was reached with Zuckerberg and other members of the company’s leadership, Reuters reported, though details of the settlement were not immediately available.
This is a developing story.