Five Takeaways for Directors from the Meta Class-Action Lawsuit

While the trial wrapped up quickly, the high-profile legal case offers some enduring lessons for directors. 

Last month in a Delaware court, a settlement was announced in the class-action lawsuit brought by Meta Platforms investors against CEO Mark Zuckerberg and current and former officers and directors of the tech giant. Among the other defendants: Meta director Marc Andreessen and his fellow venture capitalist Peter Thiel, an ex–board member.

The plaintiffs, who were seeking more than $8 billion in damages, alleged that Meta leaders had enabled ...