π Meta Faces $200B Penalty Risk in New Mexico Jury Verdict A New Mexico jury found Facebook liable for more than 43 million violations of the state's consumer protection law, exposing Meta to potential penalties exceeding $200 billion. The jury also found that Facebook misled the public about its investigations into third-party app developers that harvested user data following the Cambridge Analytica scandal. The penalty amount will be determined in a subsequent phase of proceedings. The case represents one of the largest potential corporate penalties in U.S. legal history, underscoring ongoing regulatory and legal pressure on Meta over data privacy practices. Source
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π Meta Faces $200B Penalty Risk in New Mexico Jury Verdict
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