Ticker: Meta settles Cambridge Analytica-related claims; Vegas whacks Caesars Palace with

November 23, 2025

Facebook CEO Mark Zuckerberg testifies before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington, April 10, 2018, about the use of Facebook data to target American voters in the 2016 election. Zuckerberg, who was back in damage control mode on Wednesday, Jan. 31, 2024, when he apologized to the parents of children exploited, bullied or driven to self harm via social media, has accumulated a long history of public apologies, often issued in the wake of crisis or when Facebook users rose up against unannounced changes in its service. (AP Photo/Alex Brandon, File)
Facebook CEO Mark Zuckerberg testifies before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington, April 10, 2018, about the use of Facebook data to target American voters in the 2016 election. Zuckerberg, who was back in damage control mode on Wednesday, Jan. 31, 2024, when he apologized to the parents of children exploited, bullied or driven to self harm via social media, has accumulated a long history of public apologies, often issued in the wake of crisis or when Facebook users rose up against unannounced changes in its service. (AP Photo/Alex Brandon, File)
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PUBLISHED: November 23, 2025 at 3:33 PM EST
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Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to shield the billionaire chief executive officer from personal liability, court filings show.

The amount of the settlement, disclosed in a filing in Delaware Chancery Court, had been sealed since a trial was halted in July.

A lawsuit by Meta investors claimed board members mishandled the Cambridge Analytica data privacy scandal and improperly agreed to a $5 billion U.S. Federal Trade Commission settlement to personally protect Zuckerberg.

Meta shareholders sought at least $7 billion in damages, arguing directors wrongfully overpaid in the FTC deal to prevent Zuckerberg from digging into his own pocket to cover some of the financial hit to the company. The accord, which will be paid by an insurance policy covering Meta directors, amounts to a recovery of 3%. In a court filing, the company denied wrongdoing and said the settlement wasn’t an admission that it was liable.

Vegas whacks Caesars Palace with $7.8M fine

Nevada gaming regulators voted to fine Caesars Palace $7.8 million over failing to comply with anti-money laundering rules, settling a case that centered on an illegal bookmaker with ties to the former interpreter for the baseball star Shohei Ohtani.

The Nevada Gaming Control Board alleged that Caesars Palace failed to verify bookmaker Mathew Bowyer’s source of funds as he gambled millions of dollars between 2017 and 2024, despite suspicions being raised on several occasions and an anonymous tip that Bowyer was a bookie.

It’s the third casino to be fined at least partly in relation to Bowyer’s activity; a $10.5 million stipulated fine handed to the Resorts World casino earlier this year was the second-largest ever from the gaming board.

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