Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to shield the billionaire chief executive officer from personal liability, court filings show.
The amount of the settlement, disclosed in a filing in Delaware Chancery Court, had been sealed since a trial was halted in July.
A lawsuit by Meta investors claimed board members mishandled the Cambridge Analytica data privacy scandal and improperly agreed to a $5 billion U.S. Federal Trade Commission settlement to personally protect Zuckerberg.
Meta shareholders sought at least $7 billion in damages, arguing directors wrongfully overpaid in the FTC deal to prevent Zuckerberg from digging

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