Shareholders accuse Facebook of defending Zuckerberg in Cambridge Analytica case

Shareholders accuse Facebook of defending Zuckerberg in Cambridge Analytica case

Facebook’s settlement with the US Federal Trade Commission (FTC), under which the company was charged $5 billion for disclosing user data to Cambridge Analytica, prevented the commission from personally suing Facebook CEO Mark Zuckerberg The denial was granted, the company’s shareholders said in two lawsuits filed. Delaware State in Civil Court. as reported politicianThe plaintiffs argue that Facebook has agreed to pay a fine in excess of the requirement.

The plaintiffs allege that Mark Zuckerberg, Sheryl Sandberg and other members of Facebook’s board of directors are “complaining, personal liability, and even testifying to Zuckerberg.” The author of the statement cites internal discussions between Facebook directors. Earlier, the court had ordered Facebook to provide information related to the lawsuits.

According to shareholders, Facebook’s board of directors did not exercise control over Mr. Zuckerberg’s “unlimited powers” but “paid billions of dollars from Facebook’s corporate coffers to get rid of problems.”

Earlier today, The New York Times reported that Mr Zuckerberg started posting positive news about the company on Facebook in August. According to sources, the idea was launched in this meeting, after which Facebook changed its rhetoric and started apologizing less for the public scandals.

What journalists learned about the internal affairs of the company – “Facebook was torn apart” in the materials of “Komersant”.

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About the author: Seth Grace

Seth is an all-around geek who loves learning new stuff every day. With a background in Journalism and a passion for web-based technologies and Gadgets, she focuses on writing about on Hot Topics, Web Trends, Smartphones, and Tablets.

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