New Mexico judge reduces Meta privacy fine to $25 billion
Original title: Meta on the spot for $25 billion under New Mexico privacy ruling
A September jury found 43 million violations, and the judge cut a $220 billion award.
A New Mexico court filing says Meta must pay $25 billion over Facebook data practices tied to Cambridge Analytica, which received data on as many as 87 million users. Judge Francis Mathew reduced a $220 billion award and set 15% annual interest until the fine is paid. The ruling says senior leaders, including Mark Zuckerberg, misled consumers after the 2018 disclosures. Meta said it will appeal.
Unconfirmed: The $25 billion penalty is not final because Meta says it will appeal.
- Each violation carried civil penalties of as much as $5,000.
- The case concerns what Facebook told consumers after the scandal became public.
- In March, Attorney General Raúl Torrez won $375 million on kids’ safety claims.
- Meta settled a related class action in 2022 for $725 million.
- Vendors
- Meta
- Products
- Organizations
- Cambridge Analytica
- Countries
- United States
From the original article
3 min read at therecord.mediaThe Cambridge Analytica data privacy scandal from a decade ago is still weighing on Meta's finances.
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