Judge Francis Mathew ordered Meta to pay New Mexico $25 billion after a jury found the company deceived users about its privacy and content moderation policies. Jurors found more than 43 million violations of state consumer protection law, tied to the harvesting of roughly 87 million Facebook profiles by Cambridge Analytica. The state had sought $35 to $40 billion, while Meta argued for no more than $3.4 billion and said New Mexico failed to prove anyone was harmed. Attorney General Raúl Torrez called it one of the largest state verdicts against a company in U.S. history and said the money will go to the state's education fund. Meta plans to appeal, while 48 other states settled with Facebook for $18 billion in August; New Mexico was the only state to take the case to trial.
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METACambridge Analyticadata privacyregulation
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Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/20/2026 | 694.44 |
| Change that session | -1.56% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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