Mark Zuckerberg and other current and former meta officials have settled a lawsuit filed by a group of shareholders. They were demanding $ 8 billion for damage to the company, by allowing repeated violations of the confidentiality of Facebook users in relation to the Cambridge Analytica scam.
the parties Did not disclose settlement detailsAccording to Reuters.
Facebook shareholders filed a case against Mark Zuckerberg, former COO Sheryl Sandberg, and other officials, alleging that they intentionally violated user data to user data to user data without sharing the user data without any consent without the consent of the user.
FTC imposed a fine of $ 5 billion to Facebook to fail to follow the 2012 agreement in 2012, in which the company needed the company to protect the users’ personal data.
The test was expected to testify from Zuckerberg, Sandberg, Peter Theal, Mark Andresen and Netflix CEO Reid Hastings.
