Zuckerberg, Meta are sued for failing to address sex trafficking, child exploitation

FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. REUTERS/Erin Scott

(Reuters) - A new lawsuit accuses Mark Zuckerberg and other Meta Platforms Inc executives and directors of failing to do enough to stop sex trafficking and child sexual exploitation on Facebook and Instagram.

The complaint made public late Monday by several pension and investment funds that own Meta stock said Meta's leadership and board have failed to protect the company's and shareholders' interests by turning a blind eye to "systemic evidence" of criminal activity.