Trial against Meta in New Mexico focuses on dangers of child sexual exploitation on social media [Yahoo! Finance Canada]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance Canada
It's the first stand-alone trial from state prosecutors in a stream of lawsuits against major social media companies, including Meta, over harm to children, and one that is likely to highlight explicit online content and its effects. New Mexico Attorney General Raúl Torrez sued Meta in 2023. His team built the case by posing as kids through social media accounts, then documenting the arrival of sexual solicitations as well as the response by Meta, the owner of Facebook, Instagram and WhatsApp. Prosecutors say they'll provide evidence and testimony that Meta's algorithms and account features enticed and addicted young people to social media, while also creating a “breeding ground” for predators who target children for sexual exploitation. Prosecutors allege Meta failed to disclose what it knew about those harmful effects, in violation of state consumer protection laws. Meta also is accused of creating a public nuisance. “Meta knowingly exposes children to the twin dangers of sex
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- Tech giants under fire in court over allegedly purposely addicting youth [FOX News]FOX News
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META
Earnings
- 1/28/26 - Beat
META
Sec Filings
- 2/9/26 - Form 144
- 2/4/26 - Form 4
- 2/3/26 - Form 144
- META's page on the SEC website