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Meta settles federal social media addiction trial with California AG, others
Source: CNBC
Legal & LitigationRegulation & LegislationCompany Fundamentals
Meta and a coalition of state attorneys general settled a federal trial over allegations that the company misrepresented the extent of child-related mental health harms tied to its social media products. While the exact settlement terms are not provided here, the resolution of these claims is a reputational and compliance overhang that keeps downside regulatory risk on the table.
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