Meta Platforms, the parent company of Facebook, has successfully dismissed a lawsuit accusing it of defrauding shareholders by hiding the negative impact of Apple's privacy changes on its platforms. The lawsuit also claimed that Meta concealed the personal use of company resources by former COO Sheryl Sandberg and that its transition to Reels hurt revenue. However, the judge ruled that Meta's disclosures were not false and that the claims about Sandberg were unproven. The lawsuit has been dismissed with prejudice, meaning it cannot be brought again.