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News in English (USA) / 18.07.2025 / 15:00

Settlement Reached in $8 Billion Privacy Lawsuit Against Meta and Mark Zuckerberg

Meta Platforms, Inc. has reached a significant settlement with its investors, effectively ending an $8 billion lawsuit concerning privacy violations, notably linked to the Cambridge Analytica scandal. This settlement means that Mark Zuckerberg and other top executives, including former COO Sheryl Sandberg, will avoid testifying in court. The lawsuit stemmed from allegations of data misuse and privacy breaches that have plagued the company for years. The conclusion of this legal battle comes just as the trial was set to begin, highlighting ongoing issues related to corporate governance and accountability in the tech industry.
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