Facebook directors officers liability News

Facebook Must Turn Over Records on How Execs Handle Data Privacy, Judge Rules

A U.S. judge ordered Facebook Inc. to give shareholders emails and other records concerning how the social media company handles data privacy, after data for 87 million users was accessed by the British political consulting firm Cambridge Analytica. In a …

Facebook CEO, Directors Face New Lawsuit Over Last Year’s Troubled IPO

A Facebook Inc. shareholder filed a lawsuit over the largest social networking company’s botched initial public offering and is seeking to hold Chief Executive Mark Zuckerberg, directors and officers responsible for the damage. The lawsuit by Gaye Jones alleges that …