Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy violations
In 2019, the Federal Trade Commission fined Facebook $5 billion after finding that it failed to comply with a 2012 agreement with the FTC to protect usersβ data. In the current lawsuit, which followed the Cambridge Analytica breach, Meta was not a defendant: the plaintiffs wanted the directors to pay out of their own pockets.Β ...