Mark Zuckerberg and several current and former Meta executives have quietly reached a settlement with shareholders who accused them of mishandling user privacy in the wake of the infamous Cambridge Analytica scandal.

The lawsuit, which sought $8 billion in damages, claimed Zuckerberg, former COO Sheryl Sandberg, and others knowingly allowed Facebook to breach a Federal Trade Commission order by giving third-party apps access to user data without consent.

Facebook had already faced a $5 billion penalty from the FTC in 2019 for violating a similar 2012 privacy agreement.

While the exact terms of the settlement remain under wraps, the agreement has effectively ended what was gearing up to be a high-profile courtroom showdown. The trial would have included testimony from major figures like Zuckerberg, Sandberg, Peter Thiel, Marc Andreessen, and Netflix CEO Reed Hastings.