Meta Defends Against $1.4 Trillion Damages Demand in Social Media Privacy Case

Meta and other social platforms face a multi-state COPPA lawsuit accusing deceptive data practices. California and three other states seek up to about $1.4 trillion in damages, which Meta calls a “headline-seeking” figure that is “untethered from reality.” The case is part of a broader wave of child-privacy actions, involving about 29 states and potentially heading to trial in August, while Meta’s stock fluctuates as investors weigh AI and hardware investments.