Cambridge Analytical

[djohn2oo8]

[djohn2oo8]

All US persons involved = Bannon, Kushner

[Winehole23]

security settings theater:

https://www.nytimes.com/interactive/...ends-data.html

[Winehole23]

Facebook still fighting discovery

[DMC]

So you give all your personal information to a profit driven social media company and they capitalize on it? Shocking.

[Winehole23]

So you give all your personal information to a profit driven social media company and they capitalize on it? Shocking.

who said it's shocking?

nothing wrong with legal culpability for bad actors, imo.

[Winehole23]

lawsuit settled

Zuckerberg settles $8 billion lawsuit over Cambridge Analytica scandal, avoids testifying

Americas

Mark Zuckerberg and current and former Meta executives agreed on Thursday to settle a $8 billion shareholder lawsuit alleging the company’s directors failed to prevent billions of dollars in fines and legal costs stemming from repeated Facebook user privacy violations. The Federal Trade Commission in 2019 fined Facebook $5 billion in the wake of the Cambridge Analytica data harvesting scandal.

The parties did not disclose details of the settlement and defense lawyers did not address the judge, Kathaleen McCormick of the Delaware Court of Chancery. McCormick adjourned the trial just as it was to enter its second day and she congratulated the parties.


The plaintiffs' lawyer, Sam Closic, said the agreement just came together quickly. Billionaire venture capitalist Marc Andreessen, who is a defendant in the trial and a Meta director, was scheduled to testify on Thursday.


Shareholders of Meta sued Zuckerberg, Andreessen and other former company officials including former Chief Operating Officer Sheryl Sandberg in hopes of holding them liable for billions of dollars in fines and legal costs the company paid in recent years.


The Federal Trade Commission fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to protect users' data.


The shareholders wanted the 11 defendants to use their personal wealth to reimburse the company. The defendants denied the allegations, which they called "extreme claims". Facebook changed its name to Meta in 2021. The company was not a defendant.


The company declined to comment. A lawyer for the defendants did not immediately respond to a request for comment.

https://www.france24.com/en/americas...ids-testifying

[Winehole23]

$190M settlement

it's shareholder derivative, so the money goes to Meta

https://www.reuters.com/world/zuckerberg-meta-directors-agree-190-million-settlement-shareholder-privacy-case-2025-11-20/