Meta’s $190M Cambridge Deal Approved
Photographer: David Paul Morris/Bloomberg
A Delaware court has approved a $190 million settlement resolving claims that Mark Zuckerberg and other Meta directors mishandled the Cambridge Analytica data privacy scandal, Jennifer Kay reports.
Investors accused Meta’s board of repeatedly failing to stop Facebook privacy violations and improperly reaching a $5 billion FTC settlement to shield Zuckerberg from personal liability. The derivative lawsuit originally sought at least $7 billion in damages and advanced to a rare trial of corporate oversight claims in July 2025 — but settled after just one day of testimony.
Under the deal, insurers will pay ...