Meta Platforms Inc. Chief Executive Mark Zuckerberg, along with former and current company directors and officers, today reached a settlement in a trial in which shareholders sought $8 billion in damages for losses related to the Cambridge Analytica privacy scandal.

Meta Platforms, led by Mark Zuckerberg, settled a lawsuit seeking $8 billion for privacy violations. Shareholders accused the company of neglecting user data protection, resulting in significant fines.

Meta’s executives will meet in a Delaware court starting Wednesday over a lawsuit filed by three minority shareholders who allege that the company’s board of directors failed to enforce privacy rules.

Shareholder lawsuit challenges board oversight Meta bigwigs are heading to a Delaware courtroom this week as minority investors target the board over privacy failures that led to billions in sanctions.