Meta Settles Cambridge Analytica-Related Claims for $190 Million

Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to shield the billionaire chief executive officer from personal liability, court filings show.

The amount of the settlement, disclosed in a filing Thursday in Delaware Chancery Court, had been sealed since a trial was halted in July. A lawsuit by Meta investors claimed board members mishandled the Cambridge Analytica data privacy scandal and improperly agreed to a $5 billion US Federal Trade Commission settlement to personally protect Zuckerberg.