Overview

• The eight-day non-jury trial began July 14 in Wilmington, Delaware, under Chancellor Kathaleen McCormick.
• Plaintiffs allege that Zuckerberg and fellow executives breached a 2012 FTC consent decree by allowing Facebook user data to be shared without explicit consent.
• Shareholders are seeking more than $8 billion to cover fines and costs, including a $5 billion FTC penalty from 2019.
• Zuckerberg is expected to testify as a central witness in the novel derivative suit over board oversight failures.
• The court will review internal board records and compliance measures to determine whether directors knowingly ignored red flags.