this post was submitted on 16 Jul 2025
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Meta has been accused of harvesting user data without consent in a multi-billion-dollar lawsuit by company shareholders against chief executive Mark Zuckerberg.

The case dates back to a 2018 scandal, which saw the data of millions of Facebook users accessed by a now-defunct political consulting firm.

The firm, Cambridge Analytica, worked for Donald Trump's 2016 presidential campaign.

Now, Meta shareholders are suing Mr Zuckerberg and several current and former company executives, claiming they violated a 2012 agreement to protect user data.

They want Mr Zuckerberg and his co-defendants to reimburse the company for more than $US8 billion ($12.2 billion) in fines and other costs Meta paid following the controversy.

Mr Zuckerberg has dismissed the allegations in court filings as "extreme claims".

Jeannie Paterson, who specialises in consumer protection and AI regulation, said the lawsuit was "unusual".

"This is an action by some minority shareholders against the company they hold shares on, and they're saying that the bad behaviour of the company … would have caused them loss, for which they should be compensated for by the directors," Professor Paterson, from the University of Melbourne, said.

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[–] Kissaki@programming.dev 6 points 13 hours ago

Mr Zuckerberg has dismissed the allegations in court filings as “extreme claims”.

Claims being extreme alone isn't really a dismissal.

"Those claims are extreme! But correct." pays /s

[–] QuantumTickle@lemmy.zip 10 points 20 hours ago (1 children)

The shareholders are suing? Awesome! The consequences are coming from inside the house! Love to see it!

[–] FarraigePlaisteach@lemmy.world 2 points 8 hours ago

That did stand out to me, although I don’t know enough about these things to say how significant it is.

[–] Fiivemacs@lemmy.ca 4 points 22 hours ago

they will settle by changing the B to an M

[–] DrFistington@lemmy.world 3 points 21 hours ago (1 children)

Where do you sign up for the class action?

[–] PineRune@lemmy.world 1 points 19 hours ago

Billions of dollars? It might as well be pennies for these wealth hoarders.