A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins, with claims ...

The lawsuit targets billionaires including Zuckerberg, Sheryl Sandberg, Marc Andreessen, Peter Thiel and Reed Hastings—along with Biden’s former chief of staff.

Meta shareholders argue that Zuckerberg, Sandberg and former VP Konstantinos Papamiltiadis violated their fiduciary duties over a 2012 consent order.

Last month, the social media giant invested $14.3 billion in Scale AI ( SCAI.PVT) and brought on its CEO, Alexandr Wang, and ...