The figure with which the agreement closed it is not known. But there is a data. The cause was withdrawn. A group of Facebook shareholders had brought to court Mark Zuckerberg and 10 other leaders of Meta: the accusation was to have carried out Company policy against user privacy. Criticism is not generic but was born from the scandal Cambridge Analytica and from the legal consequences that the company had to face.
Damage request: 8 billion dollars. The trial began, it was celebrated in a delaware court, where Meta has its registered office. In the end everything He only lasted one day. One of the lawyers who followed the shareholders of Meta said that a agreement with the company. The terms are not known, as is not known the figure to which the two sides have arrived. The Meta press release is also missing and it is not said that it arrives.
Net of the outcome this process could become the moment in which to understand better What actually happened with the Cambridge Analytica caseone of the greatest scandals in the history of Meta. Here we leave you our deepening.
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Who was involved in the cause
As reported by the BBC, the shareholders had asked for a refund for the damage related to Cambridghe Analytica a 11 defendants. The 8 billion dollar figure was calculated by putting together both the fines and the legal costs incurred by the company because of their conduct. Several known names of Silicon Valley on the list of accused, beyond Mark Zuckerberg.
Two above all. Jeff Zientsformer Director of Meta but above all former head of the Joe Biden staff to the White House. And then Peter Thielone of the exponents of the Paypal Mafiathat group of entrepreneurs who, starting from Paypal, conquered the silicon market. The best known is Elon Musk. Thiel was one of the first Facebook financiers. Over time it was also co-founder of Palantir Technologies And Netflix.
