Shareholders accuse Facebook of defending Zuckerberg in the Cambridge Analytica case

Shareholders accuse Facebook of defending Zuckerberg in the Cambridge Analytica case

The company’s shareholders said that Facebook’s agreement with the US Federal Trade Commission (FTC), under which the company was charged $5 billion in exchange for disclosing user data to Cambridge Analytica, provides for the commission’s refusal to sue Facebook CEO Mark Zuckerberg personally. In Delaware Civil Court. According to Politico, the plaintiffs argue that Facebook agreed to pay a higher fine for it.

Prosecutors allege that Mark Zuckerberg, Sheryl Sandberg and other members of Facebook’s board of directors “agreed to a multibillion-dollar agreement with the Federal Trade Commission in direct consideration to protect Zuckerberg from being named in a complaint, personal liability, and even testimony.” The authors of the statement cite internal discussions between Facebook’s managers. Earlier, the court ordered Facebook to provide information related to the lawsuits.

According to the shareholders, Facebook’s board did not exercise control over Zuckerberg’s “unlimited powers”, but instead “paid billions of dollars from Facebook’s coffers to get rid of the problems.”

Earlier today, The New York Times reported that Mr. Zuckerberg released positive news about the company on Facebook in August. According to sources, the idea was launched at the same meeting, after which Facebook changed its rhetoric and began to apologize less for public scandals.

What journalists learned about the internal affairs of the company – in the material “Kommersant” “Facebook ruptures”.

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