'Meta Must Face Some Claims by State AGs in Addiction Lawsuit' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms Inc. is facing a lawsuit from multiple state attorneys general, accusing the company of contributing to a youth mental health crisis by making social media addictive for children.

October 15, 2024 | 7:07 pm
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Meta Platforms Inc. is being sued by state attorneys general for allegedly contributing to a youth mental health crisis through addictive social media practices.
The lawsuit from state attorneys general could lead to legal and financial repercussions for Meta, potentially affecting its stock price negatively in the short term. The allegations of contributing to a youth mental health crisis are serious and could impact public perception and regulatory scrutiny.
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