Meta shocked by $25B fine after N.M. refused to join multistate settlement
Meta faces a $25 billion penalty after a New Mexico judge and jury found the company violated consumer protection laws and engaged in a systematic pattern of deception tied to the Cambridge Analytica scandal. New Mexico Attorney General Raúl Torrez called the award one of the single largest state verdicts in United States history. Meta expressed shock at the ruling, complaining the state was impossible to please, and announced plans to appeal the historic judgment.
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- ✓ Meta was ordered to pay a $25 billion penalty in a New Mexico case related to the Cambridge Analytica scandal.
- ✓ New Mexico Attorney General Raúl Torrez stated the award is one of the largest single-state verdicts in U.S. history.
- ✓ Outside lawyers for New Mexico could collect up to $1.27 billion from the case.
What changed
A New Mexico court ordered Meta to pay a $25 billion penalty after the state refused to join a multistate settlement.
Live updates
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Meta Hit With $25 Billion Fine in New Mexico Cambridge Analytica Case
Meta faces a $25 billion penalty after a New Mexico judge and jury found the company violated consumer protection laws and engaged in a systematic pattern of deception tied to the Cambridge Analytica scandal. New Mexico Attorney General Raúl Torrez called the award one of the single largest state verdicts in United States history. Meta expressed shock at the ruling, complaining the state was impossible to please, and announced plans to appeal the historic judgment.
Why it matters
The massive penalty stems from New Mexico's refusal to join a broader multistate settlement with Meta over historic data privacy failures. Outside lawyers representing New Mexico could collect up to $1.27 billion from the case. Legal experts suggest Meta has a strong chance of getting the multi-billion dollar penalty reduced on appeal.
What is confirmed
- Meta was ordered to pay a $25 billion penalty in a New Mexico case related to the Cambridge Analytica scandal.
- New Mexico Attorney General Raúl Torrez stated the award is one of the largest single-state verdicts in U.S. history.
- Outside lawyers for New Mexico could collect up to $1.27 billion from the case.
Still unconfirmed
- Meta reports its Q3 revenue growth was offset by the New Mexico court fine.
What to watch next
- The outcome of Meta's formal appeal against the $25 billion penalty.
- Any legal developments regarding the potential $1.27 billion payout for New Mexico's outside lawyers.
confidence 95%Sources used for this update (15)
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- CNBC — Meta ordered to pay $25 billion penalty in New Mexico Cambridge Analytica case
- ABC News - Breaking News, Latest News and Videos — Meta ordered to pay New Mexico $25 billion for violating consumer protection laws
- www.cnbc.com — Meta ordered to pay $25B in New Mexico Cambridge Analytica case
- Reuters — Meta has strong chance of getting $25 billion New Mexico penalty slashed on appeal, experts say
- The New York Times — How a Legal Backlash Against Big Tech Is Forcing Big Changes
- Ars Technica — Meta whines New Mexico is “impossible” to please after historic $25 billion fine
- www.law.com — Meta Hit With $25B Judgment After New Mexico Judge Finds ...
- Politico — ‘Just the beginning’: New Mexico AG warns AI industry after $25B Meta ruling
- arstechnica.com — Meta shocked by $25B fine after N.M. refused to join multistate settlement
- Los Angeles Times — A judge just gave us 25 billion reasons why Meta’s privacy promises about its Muse AI bot shouldn’t be trusted
- Reuters — EXCLUSIVE: New Mexico's outside lawyers could collect up to $1.27 billion in Meta case
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