From BigGo Finance · BigGo Finance · · 1m 20s
Meta Ordered $25 Billion New Mexico Penalty
New Mexico judge orders Meta to pay $25 billion in data privacy penalties after Cambridge Analytica scandal.
In brief
New Mexico judge orders Meta to pay $25 billion in data privacy penalties after Cambridge Analytica scandal. New Mexico judge ordered Meta to pay $25 billion in civil penalties for data privacy violations related to the Cambridge Analytica scandal. Originally reported by BigGo Finance.
New Mexico Judge Orders Penalty
A New Mexico judge ordered Meta Platforms to pay $25 billion in civil penalties after a September jury found the company misled residents about data privacy and content moderation in a case stemming from the…
Jury Verdict Details
The jury identified more than 43 million violations of the state's unfair practices act, with each violation carrying a maximum civil penalty of $5,000.
Penalty Reduction Process
The state was initially awarded $219.5 billion before the amount was reduced to $25 billion by the judge.
Meta's Appeal Plan
Meta said it disagrees with the ruling and intends to appeal the $25 billion penalty order.
New Mexico's Separate Case
New Mexico was not part of Meta's nearly $17 billion nationwide settlement with state attorneys general.
Child Safety Case
Meta also faces a $375 million verdict and a $567 million abatement order in a separate child-safety case.
Case Background
The case traces back to 2018 when Cambridge Analytica improperly obtained personal information on as many as 87 million Facebook users.
The short version
New Mexico judge ordered Meta to pay $25 billion in civil penalties for data privacy violations related to the Cambridge Analytica scandal.
