New Mexico Seeks $3.7 Billion in Trial Against Meta Over Youth Harm
The U.S. state of New Mexico is demanding that a judge declare Meta Platforms (ticker: META) a public nuisance and order the company to pay $3.7 billion, as well as overhaul its platforms for youth protection. The case follows an earlier jury verdict in March awarding $375 million after finding Meta violated consumer protection laws by misrepresenting platform safety for young users.
Tickers: $META
Topics: Meta public nuisance law social media regulation youth safety