$1.4 trillion tail risk looms! Can Meta (META.US) end the legal cliff with a settlement?
智通财经2026/08/26 11:41Show original
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```htmlJit Tong Finance APP reports that Meta (META.US), the parent company of Facebook and Instagram, is currently facing significant legal pressure, including lawsuits over teen addiction, controversies surrounding minors' data privacy, a defeat in the California social media harm case, a compensation order of over $940 million in New Mexico, and more than 4,300 major lawsuits from families, individuals, and public school districts regarding child and adolescent addiction. This is also why Meta's stock price has fallen more than 13% this year, significantly underperforming the S&P 500 Index. Meta's stock price rose 1% in pre-market trading on Wednesday after reports emerged that the company was discussing a settlement of a major lawsuit with state attorneys general. The case accuses Facebook and Instagram of deliberately causing addiction among children and teenagers.```
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