Meta Platforms (NasdaqGS:META) was found guilty by a New Mexico jury of willfully violating the state's Unfair Practices Act nearly 44 million times. The case centers on alleged misleading statements to New Mexico residents about data use, misinformation, and hate speech tied to the Cambridge Analytica scandal. Potential penalties were cited at up to $219.5b, alongside possible court ordered corrective measures that could alter Meta's platform practices. This New Mexico verdict over alleged consumer deception on data, misinformation, and hate speech deserves to be weighed against the rest of our findings. We have also spotted 2 other big wins worth knowing about at Meta Platforms.
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