According to Deputy Chancellor Joseph Slights of the Delaware Chancery Court, the shareholders have a "credible basis" for suspecting that Facebook board members may have committed a crime. Slights said his decision does not conclude that there was a misconduct. Although, if shareholders discover otherwise, they could file another lawsuit.
Facebook has faced several lawsuits related to data leakage from Cambridge Analytica. In a recent hearing, Facebook lawyer Orin Snyder argued that "there is no expectation of privacy" on Facebook. According to Digital trendsSupposedly Snyder said: "there is no invasion of privacy at all because there is no privacy." That is in direct conflict with the privacy approach that Facebook and Mark Zuckerberg have been promoting. While Facebook's future may be private, its present is still complicated.