Billionaire 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 protect Zuckerberg from personal liability for the privacy missteps, court filings show.
The deal ended a July trial over investors’ claims Zuckerberg and other Meta board members mishandled the Cambridge Analytica data privacy scandal and improperly agreed to a $5 billion US Federal Trade Commission settlement to personally protect Zuckerberg, Meta’s CEO, according to a filing Thursday in Delaware Chancery Court.
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