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Market Chatter: Meta Platforms' Shareholders, Mark Zuckerberg Reportedly Settle Facebook Privacy Litigation
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Market Chatter: Meta Platforms' Shareholders, Mark Zuckerberg Reportedly Settle Facebook Privacy Litigation
Jul 17, 2025 7:20 AM

10:14 AM EDT, 07/17/2025 (MT Newswires) -- Meta Platforms' ( META ) shareholders suing Chief Executive Mark Zuckerberg and other company leaders have agreed to settle litigation over Facebook's alleged user privacy violations, ending an $8 billion trial, Reuters reported Thursday, citing a lawyer for the shareholders.

The lawyer informed a Delaware judge about the settlement agreement Thursday, Reuters reported.

Details of the settlement weren't disclosed.

The company declined to comment when contacted by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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