Meta Platforms CEO Mark Zuckerberg and other high-ranking current and former executives of the company are on trial as they face accusations from shareholders of failing to safeguard user data properly.
On July 16, a non-jury trial concerning Facebook and its privacy practices began before Chief Judge Kathaleen McCormick in Delaware’s Court of Chancery. The founder of the popular social media site and other executives face allegations that they did not properly safeguard Facebook user data, leading to a record fine of $5 billion levied by the Federal Trade Commission (FTC), and billions more in related costs.
