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Submission Summary: 1 pending, 1 declined, 0 accepted (2 total, 0.00% accepted)

Submission + - Legal torpedoes headed for Meta (reuters.com)

Sparkatron writes: A coalition of US states is suing Meta for damages of $1.4 TRILLION dollars. Yeah, you read that right, TRILLION. It is just a coincidence that this is very close to Meta's entire market capitalization of $1.5T. The suit alleges that Facebook and Instagram were deliberately designed to be addictive to under-age children, and that Meta deliberately concealed evidence of harm to children. A lawsuit with a price-tag this big would seem to be aimed more at creating headlines than seriously obtaining compensation. So far the Stock Market has initially ignored the lawsuit. But in this day and age of seemingly irrational verdicts, like the ~$1Billion defamation award against Joe Rogan, maybe that isn't so wise. Who knows? For those of us that quit face-bvtt years ago because Mark Zuckerberg is a reptilian alien attempting to destroy the human race, this lawsuit seems virtuous. For others this might seem like an abuse of the courts. Worth keeping an eye on, its success could encourage more ludicrous lawsuits to punish other technology companies.

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