Shareholders accused Meta leaders of damaging the company by allowing repeat violations of Facebook users' privacy.

(CN) – A federal judge dismissed most of a shareholder derivative lawsuit against Facebook on Friday, brought about after the social media giant lost more than $50 billion in value following the Cambridge Analytica scandal.. As part of a complaint filed in March 2018, Facebook shareholders sued the company’s board of directors and CEO Mark Zuckerberg for failing to protect users’ data ...