That is $375M to a single person. This wasn’t a class action. This was a precedent-setting case that opens the floodgates for future lawsuits. Until now, actually getting courts to agree with plaintiffs has been impossible. But since courts use precedent, this allows future plaintiffs to refer to it when filing their own lawsuits.
Comment on ‘The era of invincibility is over’: the week big tech was brought to heel
p03locke@lemmy.dbzer0.com 1 day ago
ordered to pay $375m by a New Mexico court.
Meta total assets: US$366 billion (2025)
I’m sorry, which big tech company is brought to who’s heel?
mic_check_one_two@lemmy.dbzer0.com 1 day ago
p03locke@lemmy.dbzer0.com 1 day ago
That is $375M to a single person.
Wrong, this was state-initiated consumer protection enforcement action by the state of New Mexico. How those funds get distributed is up to the state government.
GeeDubHayduke@lemmy.dbzer0.com 1 day ago
nmdoj.gov/…/new-mexico-department-of-justice-wins…
Not a lawyer, but doesn’t this mean it was the state the sued and won, and not a private citizen…?
bl4kers@beehaw.org 1 day ago
As I understand it there are dozens of similar cases already started. The precedent is what’s meaningful