The lawsuit had been ongoing for many years and would have forced top-level executives to speak before the court.

The settlement allows plaintiffs to avoid trying a very difficult case. Meta investors alleged that former and current board members completely failed to oversee the company's compliance with the 2012 ...

Larry Ellison, who owns nearly an entire Hawaiian island, co-founded Oracle, and helped power the CIA’s earliest databases. Now, at the age of 80, Ellison has become the second-richest person in the ...

Meta CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day ...

We all know the story by now. The social media landscape has been around for over a decade, growing from simple digital hangouts to the juggernauts that dominate our daily lives. We’ve watched these ...

The case is expected to run through late next week and include testimony from Meta CEO Mark Zuckerberg and former COO Sheryl ...

The lawsuit targets billionaires including Zuckerberg, Sheryl Sandberg, Marc Andreessen, Peter Thiel and Reed Hastings—along ...

A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins, with claims stemming from the privacy scandal involving the Cambridge Analytica politic ...

Meta shareholders argue that Zuckerberg, Sandberg and former VP Konstantinos Papamiltiadis violated their fiduciary duties over a 2012 consent order.

Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and penalties.