Meta CEO Mark Zuckerberg expected to testify in $8 billion Facebook privacy lawsuit

16.07.2025    WTOP    5 views
Meta CEO Mark Zuckerberg expected to testify in $8 billion Facebook privacy lawsuit

A billion-dollar class action investors lawsuit against Meta CEO Mark Zuckerberg and company leaders current and former begins Wednesday with indicates stemming from the privacy controversy involving the Cambridge Analytica political consulting firm Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users personal information would be misused by Cambridge Analytica a firm that supported Donald Trump s flourishing Republican presidential campaign in Shareholders say Facebook personnel repeatedly and continually violated a consent order with the Federal Arrangement Commission under which Facebook agreed to stop collecting and sharing personal facts on platform users and friends without their consent The fallout led to Facebook agreeing to pay a billion penalty to settle FTC charges The social media giant also reached a million privacy settlement with users Now shareholders want Zuckerberg and others to reimburse Meta for the FTC fine and other legal costs which the plaintiffs estimate total more than billion The episode will feature testimony from Zuckerberg and former Chief Operating Officer Sheryl Sandberg Others expected to appear on the stand include board member Marc Andreessen and former board member Peter Thiel Source

Similar News

Consultant, claiming White House backing, called Colorado clerks to seek access to voting machines
Consultant, claiming White House backing, called Colorado clerks to seek access to voting machines

A consultant claiming to work for the White House called several Republican county clerks in Colorad...

16.07.2025 0
Read More
Eugenie Bouchard retiring from tennis after turbulent career
Eugenie Bouchard retiring from tennis after turbulent career

Eleven years after she exploded onto the tennis scene, Eugenie Bouchard will be retiring from tennis...

16.07.2025 0
Read More
Disney sues Hong Kong company it says is selling illegal Mickey Mouse jewelry
Disney sues Hong Kong company it says is selling illegal Mickey Mouse jewelry

LOS ANGELES (AP) — The Walt Disney Co. on Wednesday sued a Hong Kong jewelry company it accuses of s...

16.07.2025 0
Read More