Meta, Mark Zuckerberg, Law (US), Social media, US news, Technology, Children, Facebook, Social networking, Instagram Business | The Guardian
Judge rules plaintiff, Matt Eisner, failed to show alleged inadequate disclosures hurt shareholders Meta Platforms and its chief executive, Mark Zuckerberg, won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy statement about their ability to ensure the safety of children who use Facebook and Instagram.In a decision on Tuesday, the US district judge Charles Breyer in San Francisco said the plaintiff, Matt Eisner, failed to show that shareholders suffered economic losses from Meta’s alleged inadequate disclosures. Continue reading…
Judge rules plaintiff, Matt Eisner, failed to show alleged inadequate disclosures hurt shareholders
Meta Platforms and its chief executive, Mark Zuckerberg, won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy statement about their ability to ensure the safety of children who use Facebook and Instagram.
In a decision on Tuesday, the US district judge Charles Breyer in San Francisco said the plaintiff, Matt Eisner, failed to show that shareholders suffered economic losses from Meta’s alleged inadequate disclosures.
