New Mexico’s attorney is pushing for Meta to pay $35‑$40 billion in penalties after a state jury found the company violated the Unfair Practices Act and misled residents about data privacy. The lawsuit, filed in 2021, stems from the Cambridge Analytica scandal, where over 50 million Facebook profiles were harvested without consent. Jurors examined 29 Meta statements and deemed 26 misleading, linking them to 43 million violations in the state.
State Attorney Randi Mc Ginn argues the penalty must impact Meta’s stock, while Meta requests a cap of $3.45 billion, claiming insufficient proof of resident harm. A judge is expected to rule later this month.
Source: Engadget · Summarized by HeadlinesBriefing