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The $8 billion trial revolves around claims the Meta CEO violated a 2012 privacy agreement with the Federal Trade Commission.
Big companies potentially quitting Delaware has been in the news in the past week. Meta Platforms, the parent company of Facebook, Instagram and other social media platforms, is in discussions to ...
Shareholder firms fight to lead Facebook privacy derivative suit in Delaware. Alison Frankel. August 11, 2021 8:53 PM UTC Updated August 11, 2021 The sun rises behind the entrance ...
Facebook founder Mark Zuckerberg met with state officials and academics in Delaware on Monday to discuss emergency response for natural disasters. The social media leader met with Gov. John Carney ...
Since Meta was founded as Facebook in 2004, it has been incorporated in Delaware. Many shareholder lawsuits are filed in Delaware courts, and Meta faces litigation there from a number of cases ...
FILE - The Facebook logo is seen on a cell phone, Friday, Oct. 14, 2022, in Boston. A Delaware judge on Wednesday, May 10, 2023, refused to dismiss a shareholder lawsuit alleging that Facebook ...
Delaware lawmakers have proposed a law to limit shareholder lawsuits and save the state from a mass exodus of tech companies.. Why It Matters. More companies are incorporated in Delaware than in ...