The governance of organizations’ handling of consumer information has been a prominent topic ever since the EU’s General Data Protection Regulation went into effect a year ago, but recent privacy-related activity hasn’t provided much focus.
Grabbing the news cycle on May 1, the shareholder suit filed in the Delaware Chancery Court against Facebook chief executive Mark Zuckerberg and five of the company’s board members accuses them of sacrificing the firm’s reputation and long-term prospects by mishandling users’ data and then lying about it.
The complaint also alleges Zuckerberg and two other board members violated securities laws by selling their stock ...
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