Whoa. this is late-night news deep in a court filing.
Mark Zuckerberg was deposed by the Securities and Exchange Commission on Feb 19, 2019. Facebook’s opposition to DC adding Zuckerberg in its lawsuit for the Cambridge Analytica cover-up just posted - and it’s in an exhibit. /1
Mark Zuckerberg was deposed by the Securities and Exchange Commission on Feb 19, 2019. Facebook’s opposition to DC adding Zuckerberg in its lawsuit for the Cambridge Analytica cover-up just posted - and it’s in an exhibit. /1
I had noted in a thread here that something in discovery must have grabbed the DC AG’s interests. Reminder, the SEC and FTC settled a few months after this deposition for over $5.1B and that’s now subject to massive shareholder lawsuits. /2
https://twitter.com/jason_kint/status/1452496648840560645
I’ll drop in one other thread here as it’s late and I can pick this up tomorrow. ICYMI, my core concerns have long been when and what did Mark Zuckerberg (and Sheryl Sandberg) know in what was a never-understood gaslight of a major cover-up impacting users and shareholders. /3
https://twitter.com/jason_kint/status/1433769260267057152
Oh, for the curious. This was Facebook’s opposition tonight. It mostly depends on listing a bunch of evidence which Facebook relentlessly fought turning over and then now attempts to argue DC could have added Zuckerberg a long time ago and missed its opportunity. 🤦🏻♂️ /4
Reminder, Zuckerberg’s written answers to Financial Services Committee (which has SEC oversight) regarding some of these same questions were never posted into the public record. I was told an ongoing matter could cause that to happen but never got a clear answer so 🤷🏻♂️. /5
https://twitter.com/jason_kint/status/1465559776142807040
One last post for overnight sleuths. Here is the docket number and order for these two filings (11/24 but posted tonight). DC AG owes reply on Dec 17th so we should learn more then. For trivia buffs, Facebook’s lead attorney here was a 2017 Trump-nominated US attorney (MD) . /6
OK, a few more comments on this Facebook filing last night. FB attempts to argue none of the info is new and adding MZ is expansion of scope after 3yrs. This appears to include the transcript of his SEC deposition which is almost certainly new and not in the public domain. /7
having followed every detail of this case and attended hearings with no press in room, FB has fought tooth and nail vs discovery/depositions including top four (Sandberg, Schrage, Zuckerberg, Kaplan). It's very misleading for FB to argue Court denied this. See ruling. /8
FB has also been fighting discovery on Growth & Monetization team, too. If one let this case resolve without discovery/depositions of Kaplan, Schrage, Sandberg, Zuckerberg and Alex Schultz and team, they would be entirely negligent in protecting the public and going forward. /9
Having cross-referenced docs listed in Facebook's exhibit (note: FB has to date absurdly refused to submit privilege log until after discovery is closed), it looks like a # of them are from six4three's leaked docs. Including the infamous Sam Lessin and MZ strategy exchange. /10
Here are links to the two redacted Facebook-authored docs filed in public record last night. Thanks to @zamaan_qureshi for posting. /eof …d-40e9-822b-081bc894b6af.filesusr.com/ugd/372b91_d8b… -and- …d-40e9-822b-081bc894b6af.filesusr.com/ugd/372b91_988…
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