Meta CEO Mark Zuckerberg expected to testify in $8 billion Facebook privacy lawsuit

A billion-dollar class action investors lawsuit against Meta CEO Mark Zuckerberg and company leaders current and former begins Wednesday with indicates stemming from the privacy disgrace involving the Cambridge Analytica political consulting firm Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users personal information would be misused by Cambridge Analytica a firm that supported Donald Trump s effective Republican presidential campaign in Shareholders say Facebook representatives repeatedly and continually violated a consent order with the Federal Business Commission under which Facebook agreed to stop collecting and sharing personal content on platform users and friends without their consent The fallout led to Facebook agreeing to pay a billion penalty to settle FTC charges The social media giant also reached a million privacy settlement with users Now shareholders want Zuckerberg and others to reimburse Meta for the FTC fine and other legal costs which the plaintiffs estimate total more than billion The occurrence will feature testimony from Zuckerberg and former Chief Operating Officer Sheryl Sandberg Others expected to appear on the stand include board member Marc Andreessen and former board member Peter Thiel Source