June 17, 2024



Facebook Overpaid FTC Fine By Billions To Shield CEO Zuckerberg From Personal Liability, New Lawsuits Allege

ZEro Hedge

By Tyler Durden – September 23, 2021

What’s good for the geese is good for the gander, especially when it comes from a giant pile of shareholder cash.

That is the allegation shareholders are making of Facebook in two new lawsuits that claim company funds were paid to shield the company’s CEO from personal liability. 

Facebook allegedly overpaid an FTC fine by billions of dollars in 2019 in order to shield CEO Mark Zuckerberg, the suits, reported on by Forbes, claim.

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