Facebook founder Mark Zuckerberg is facing pressure to give a full deposition regarding the Cambridge Analytica controversy from a group of pension funds suing him. The billionaire has attempted to limit the scope of the questioning, conducting an initial deposition in Hawaii, cutting the questioning short, and proposing that any additional session be limited to just two hours. The lawsuit alleges that Zuckerberg avoided personal liability by agreeing to a $5 billion fine paid with shareholder money. The scandal erupted in 2018 when it was revealed that Cambridge Analytica had improperly obtained the personal information of millions of Facebook users.
The lawsuit in Delaware’s Chancery Court not only targets Zuckerberg but also former board members who allegedly violated the law in pursuit of profits. The case has been allowed to move forward to the discovery stage, involving document exchanges and witness depositions. The pension funds are represented by a group of law firms, while Zuckerberg is represented by Potter Anderson & Corroon LLP.
The lawsuit alleges that Zuckerberg and other former Facebook directors, including Sheryl Sandberg and Jeffrey Zients, deleted emails related to the Cambridge Analytica scandal. The shareholder attorneys are seeking an additional deposition from Zuckerberg without limiting conditions in order to avoid further discovery issues. Ultimately, the case highlights the ongoing legal battles surrounding data privacy and corporate governance within tech companies.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
