Meta Platforms Inc. investors say they have reached a settlement with current and former directors at the company to end a multibillion-dollar case in Delaware.

An $8 billion US trial by Meta Platforms shareholders against Mark Zuckerberg and other current and former company leaders kicks off on Wednesday over claims that they illegally harvested the data of Facebook users in violation of a 2012 agreement with the U.

The class action lawsuit against Meta CEO Mark Zuckerberg and other leaders concerns privacy breaches related to Cambridge Analytica. Investors claim Meta failed to disclose risks as Facebook violated an FTC consent order.

Meta executives including CEO Mark Zuckerberg and former Chief Operating Officer Sheryl Sandberg will appear before a US corporate law court this week as shareholders claim board failures resulted in billions of dollars in penalties following the 2010s Cambridge Analytica scandal, the Financial Times reported.