Facebook has settled the lawsuit over non-voting shares days before Mark Zuckerberg was scheduled to testify

Facebook has settled a lawsuit about its plan to create a class of non-voting shares, a court official told Business Insider on Friday.

The settlement means that Facebook CEO Mark Zuckerberg and other Facebook insiders will not take the witness stand in the closely-watched trial.

Zuckerberg was scheduled to publicly testify in Delaware Chancery court on September 26.

"The Facebook trial, which was scheduled to begin on September 26, 2017 is cancelled due to a settlement," the official said by email.

This story is developing...

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