Meta vows to 'aggressively' fight after landmark verdicts find tech giant liable for addicting kids [FOX News]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: FOX News
A top Meta lawyer says the company will "aggressively" pursue appeals after two juries found it liable for hundreds of millions of dollars in damages. Juries in California and New Mexico recently found Meta liable for designing addictive platforms and violating consumer protection laws. Meta plans to appeal the rulings. "We disagree with these verdicts, respectfully," C.J. Mahoney, Meta's chief legal officer, said on "Saturday in America." "We think that they're vulnerable on appeal, and we're going to pursue those appeals aggressively," he added. On Wednesday, a Los Angeles jury found both Meta and Google liable for designing their products to make young people addicted. Jurors awarded the plaintiff $6 million after a nine-day trial. The plaintiff, known as KGM, testified that she became addicted to social media as a child and that it worsened her mental health struggles. Mahoney said Meta should not be blamed for the youth mental health crisis. "We do not believe that o
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META
Earnings
- 1/28/26 - Beat
META
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/25/26 - Form 4
- 3/24/26 - Form 4
- META's page on the SEC website