Meta Says States Seek $1.4 Trillion in Penalties Over Teen Social Media Addiction Lawsuit - EconoTimes

Econotimes
Four U.S. states seek $1.4 trillion in penalties against Meta over alleged design of Facebook and Instagram to addict teens.

Summary

Four U.S. states—California, Colorado, Kentucky, and New Jersey—are pursuing a lawsuit that seeks approximately $1.4 trillion in penalties against Meta Platforms, alleging the company intentionally designed Facebook and Instagram to be addictive for young users and misled the public about the platforms’ safety. The states’ court filing, submitted ahead of an August trial in Oakland, California, details a calculation method that multiplies the number of alleged violations by the maximum penalties allowed under state law; Meta argues the figure is unsupported by evidence and unprecedented in consumer‑protection enforcement. The August trial will also address claims from 29 states under the federal Children’s Online Privacy Protection Act (COPPA), which accuses Meta of collecting children’s personal data without proper parental consent. Meta denies all allegations, asserting there is no evidence it deceived consumers about addiction risks and that addiction is not a formally recognized psychiatric disorder. A U.S. District Judge rejected Meta’s request to dismiss the case, leaving key factual questions—whether the platforms were intentionally designed to be addictive, whether Meta misrepresented their risks, and whether the company specifically targeted children—open for determination. The lawsuit is part of a broader wave of legal action against major social media companies, including Snap, Alphabet’s YouTube, and TikTok parent ByteDance, over allegations that addictive platform features contribute to a youth mental‑health crisis. In a related case, New Mexico secured a $375 million jury verdict against Meta earlier this year, and a judge continues to consider additional damages and potential changes to Facebook, Instagram, and WhatsApp.

(Source:Econotimes)

The News International

Canadians who bought beef products may qualify for class action payout

Fox Business

Costco hit with lawsuit alleging protein powder sold in stores contains 'dangerous' levels of lead, arsenic

SooToday

$8-million settlement proposed in national beef price-fixing class-action

The News International

Costco faces class action over alleged heavy metals in Orgain protein supplements

scanx.trade

GRAL investors face August 4 deadline in Grail securities lawsuit

Google News

State AGs finalizing antitrust lawsuit over Paramount–Warner Bros. Discovery merger

Chicago Suntimes

Cash App parent company agrees to $45 million settlement with Illinois, 44 other states - Chicago Sun-Times

Headtopics

Mavericks owners froze Mark Cuban out of business opportunities in proposed arena move, lawsuit claims

The Economic Times

CBDT exempts NCCL settlement fund from tax

Livemint

Microsoft's $7.3 billion AI data centre sued over ‘freight train-like’ non-stop noise

Hoodline

Wegmans Faces Landlord Lawsuit Over $479K at Fenton

Https://www.kswo.com

Drummond files lawsuit against Allstate Insurance

Patch

Fort Worth Announces Nuisance Abatement Lawsuit Against Central Motel

Cfotech Australia

SS&C to add digital cash settlement for tokenised funds

Headtopics

Anchorage Secures $191.3 Million Federal Settlement for Port of Alaska Modernization