Meta investors settle $8bn lawsuit with Zuckerberg over Facebook privacy
Mark Zuckerberg has agreed to settle a multibillion dollar lawsuit with a group of shareholders over how top executives at Meta handled repeated privacy violations by Facebook.
The shareholders were seeking $8bn (£6bn) in damages. It is unclear how much they agreed to settle for.
The settlement was announced on Thursday by a lawyer for the shareholders, just before the trial was about to enter its second day in a Delaware court. Meta declined to comment on the settlement.
The Meta shareholders had alleged that Mr Zuckerberg's actions led to the Cambridge Analytica scandal in which the data of millions of Facebook users was leaked and used by a political consulting firm.