Zuckerberg on Trial: The $8 Billion Data Privacy Reckoning

More than five years after the Cambridge Analytica scandal, the legal and financial consequences are still playing out—this time in Delaware’s Chancery Court, where Mark Zuckerberg and Meta executives are being sued by investors seeking over $8 billion in damages.This landmark class-action lawsuit argues that Meta’s leadership knowingly violated a 2012 FTC consent order, misled users and regulators, and failed to prevent the improper sharing of personal data—culminating in the largest privacy fine in U.S. history.In this episode, we explore:The core allegations against Zuckerberg, Sandberg, and othersHow the FTC's 2012 and 2019 orders shaped Meta's legal obligationsWhy investors believe Meta’s disclosures were fraudulentWhat former insiders, including Jeffrey Zients and Yul Kwon, are saying on the standThe broader implications for data privacy governance and board-level accountabilityHow the Supreme Court’s dismissal of Meta’s appeal revived the caseAnd why this trial could redefine what “fiduciary duty” means in the digital ageFrom API loopholes to insider warnings, stock sales, and alleged cover-ups, this case is a referendum on corporate responsibility in the age of surveillance capitalism—and a signal that executive leadership can be held personally liable for privacy failures.

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