Meta’s Zuckerberg and board members settle lawsuit over Cambridge Analytica scandal
Averting a high-profile trial, the settlement prevents Mark Zuckerberg and other tech luminaries from testifying under oath
Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake of the Cambridge Analytica privacy scandal.
A trial over the long-running case had just begun on Wednesday, with defendants accused of overpaying the US government in 2019 when they engineered a US$5 billion settlement for alleged privacy violations in the scandal.
Sources familiar with the matter confirmed the settlement to Agence France-Presse, without providing details.
A spokesman for Meta, the parent company of Facebook, declined to comment. Lawyers for the defendants and shareholders did not immediately return requests for comment.
The settlement came the same day that Marc Andreessen, one of Silicon Valley’s most influential venture capitalists and a Meta board member, was scheduled to take the stand.
Zuckerberg himself was expected in the Wilmington, Delaware courtroom on Monday.