Mark Zuckerberg, Cambridge Analytica and Meta
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A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins Wednesday.
The class action lawsuit against Meta CEO Mark Zuckerberg and other leaders concerns privacy breaches related to Cambridge Analytica. Investors claim Meta failed to disclose risks as Facebook violated an FTC consent order.
Meta executives including CEO Mark Zuckerberg and former Chief Operating Officer Sheryl Sandberg will appear before a US corporate law court this week as shareholders claim board failures resulted in billions of dollars in penalties following the 2010s Cambridge Analytica scandal, the Financial Times reported.