A New Mexico jury ordered Meta to pay $375 million after finding its platforms harmed children's mental health and violated the state's unfair practices act. Prosecutors said Meta prioritized profits over safety; while $375M is small versus Meta's market cap, the verdict raises reputational, regulatory and litigation risk and could spur similar state-level actions.
A New Mexico jury ordered Meta to pay $375 million after finding its platforms harmed children's mental health and violated the state's unfair practices act. Prosecutors said Meta prioritized profits over safety; while $375M is small versus Meta's market cap, the verdict raises reputational, regulatory and litigation risk and could spur similar state-level actions.
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