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Meta CEO Mark Zuckerberg agreed to decide for a group of current and former company directors and officers, to be a judgment seeking only $ 8 billion, . Zuckerberg and others will be able to pay meta shareholders as a result of all alleged damage to the confidentiality of Facebook users.
The parties did not disclose the details of the settlement, but they would assume that the bidders asked for ahead of $ 8 billion. Judge Kathaleen McCormick delayed his second day, as was forced to accept the second day and any of the good players.
Marc Andreessen, a suspect, a suspect in the court and a meta director, scheduled to bear witness today. Zuckerberg and former coo Sheryl Sandberg was set up to receive the stand next week. Peter Thiel, a member of the former board, is also expected to testify.
The shareholders were forced to pay as part of the company’s privacy violations in recent years and legitives in the fines of Zuckerberg, Andreessen, Sandberg and others. For example, FTC Facebook fined $ 5 billion in 2019 with .
The company asked 11 suspects to reset the company from their personal resources. The bidders claimed by the suspects, they could not control the compliance of the suspects, and Bazi Facebook fled as an illegal information collection operation. The suspects rejected the allegations by calling “extremes” before settlement.
This is all back When a political consulting company Donald Trump’s successful 2016 presidential campaign acquires information from millions of Facebook. This caused a fine of FTC, which is the largest in this time. Cambridge Analytica has been closed since then.
Several people stopped before both parties reached a settlement. Expert witness for bidders expressed on Facebook’s privacy policy.
This is just one waiting work against the company. There is a large antitrest event that hit again The company’s disposable rivals claim to be purchased by Instagram and WhatsApp and participated in antiquotic experiments. The court ended, but .
Zuckerberg has been applied in a situation where Meta is knowingly using . The company pays $ 25 million to solve a claim with Donald Trump with 2021 Facebook suspension with Zuckerberg . Current President Capitol has been temporarily suspended from the platform after brought a riot .