Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy violations
SummaryCompaniesSettlement details undisclosed, trial adjournedShareholders sought $8 billion for privacy violationsFTC fined company $5 billion in 2019WILMINGTON, Delaware, July 17 (Reuters) - Mark Zuckerberg and current and former directors and officers of Meta Platforms (META.O), opens new tab agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users' privacy, a lawyer for the shareholders told a D...
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