Mark Zuckerberg, Sheryl Sandberg spared from testifying
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2don MSN
Mark Zuckerberg is slated to make yet another high-stakes courtroom appearance this week as shareholders seek to hold him accountable for the more than $8 billion that Meta has spent to settle lawsuits over privacy violations.
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and penalties.
Meta shareholders have launched an $8 billion lawsuit against Mark Zuckerberg, Sheryl Sandberg, Peter Thiel, and other executives, accusing them of failing to prevent the Cambridge Analytica data breach and violating a 2012 FTC privacy agreement.
Shareholder lawsuit challenges board oversight Meta bigwigs are heading to a Delaware courtroom this week as minority investors target the board over privacy failures that led to billions in sanctions.
Security is tighter than ever at the Allen & Company summit—“literally the dumbest thing in the world,” says Fox’s Charlie Gasparino—but journalists still manage to eke out scoops on mogul meetups and Ivanka Trump’s coffee runs.
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