SIMPLY WALL ST
SIMPLY WALL ST
for META
 
 
META  
Last Price $547.54
My Fair Value Select
 
Meta Platforms Inc. and Google’s YouTube were ordered by a Los Angeles County Superior Court jury to pay more than $3 million in compensatory damages for deliberately designing addictive social media platforms that caused severe mental health harm to a young woman during her preteen and teenage years. Jurors found that Meta was 70% responsible and YouTube 30% responsible. The jury will now move into a second phase regarding what level of punitive damages should be awarded to the plaintiff. The jurors affirmed all questions on the verdict form that the two companies acted with malice, oppression, and fraud in their conduct. The trial was the first in a consolidated action to hold media com... Read more
 
SIMPLY WALL ST