Meta and State Attorneys General Discuss Potential Settlement in Teen Social Media Case
Meta and state attorneys general discussed a possible mid-trial settlement in a case accusing Facebook and Instagram of being deliberately designed to addict teens. States allege violations of consumer protection and federal privacy laws, with penalties that could reach about $1.4 trillion if Meta loses. Meta denies the claims; any settlement would likely be far smaller.
Coverage (4)
- Meta Heads Toward $580 as a $17B Teen Safety Settlement Ends the Trial; Snap Falls 9% (247wallst.com)
- Meta settles with US states over social media harms (finance.yahoo.com)
- Meta, states discuss mid-trial settlement in teen addiction case (finance.yahoo.com)
- Meta, US states have discussed settling teen social media case (businesstimes.com.sg)