Meta says it's facing $1.4T in penalties in teen mental health case

5 hours ago

Meta faces potential $1.4 trillion in penalties from a teen mental health lawsuit by four states, a sum equaling its market cap.
The lawsuit alleges Meta violated children's privacy laws and designed addictive apps contributing to anxiety, depression, and self-harm among teens.
Meta disputes the penalties as "outlandish" and beyond the case scope, citing legal protections under Section 230.
A federal judge rejected Meta's dismissal attempt, noting disputes over app addictiveness, with a trial set for August 18.
Meta confronts over 2,400 similar lawsuits, with recent court losses including a $6 million and a $375 million penalty in separate cases.

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