A New Mexico judge ordered Meta to pay the state $25 billion on Wednesday, after a jury last month found the company deceived users in a case tied to the Cambridge Analytica scandal. The ruling comes a couple of months after Meta agreed to pay $18 billion to settle claims brought by 48 other states. Cambridge Analytica harvested data through a personality quiz app installed by about 270,000 users, reaching roughly 87 million Facebook users worldwide, and jurors found the misconduct affected all 2.1 million residents of New Mexico. Meta called the ruling “a tax on speech” that makes doing business in the state all but impossible and said it will appeal, while Attorney General Raúl Torrez hailed it as historic. Separately, New Mexico already won nearly $1 billion in penalties against Meta in a case over harms to children.
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METAlawsuitsdata privacysocial media
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Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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