Investors have filed a class-action lawsuit against Mark Zuckerberg and other Meta leaders, seeking $8 billion in damages for failing to disclose the risks of using personal data.
Raluca Ioana Draghici
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The lawsuit began in Delaware, with shareholders accusing Facebook of violating a 2012 FTC order by continuing to collect and share user data without consent. Although Facebook has previously paid record fines, shareholders are now asking Zuckerberg and other leaders to bear the costs, estimating total damages at more than $8 billion.
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