Zuckerberg settles Meta investor $8bn lawsuit for undisclosed terms | Social Media News

Current and former Facebook leadership reached the agreement with shareholders only one day into the trial.

Mark Zuckerberg and current and former directors and officers of Meta Platforms have agreed to settle claims seeking $8bn for the damage they allegedly caused the company by allowing repeated violations of Facebook users’ privacy.

Zuckerberg and his counterparts reached the agreement on Thursday with shareholders who brought the lawsuit.

The parties did not disclose details of the…