Meta has labeled recent legal claims as “unsubstantiated” and the proposed damages as “outlandish.”
Mark Zuckerberg has spent over two decades building the Facebook brand, but it could all come to an end in one sweeping lawsuit.
In recent court filings, Meta used terms like “outlandish” to argue that its proposed punishment lacks historical precedent in consumer protection enforcement, stating: “A sanction of that size has no analog in the history of consumer protection enforcement.”
Twenty-nine states are currently pursuing litigation against Meta for allegedly violating child privacy laws that prohibit data collection from underage users.
The online company is facing legal actions from nearly every state, but four states have threatened penalties totaling $1.4 trillion—nearly equal to Meta’s current market value of approximately $1.48 trillion.
