Veytics Intelligence
2026-10-02 · Seekingalpha

New Mexico reportedly seeks up to $40B in penalties from Meta over data privacy

[Courtroom, Attractive Judge Lawyer Sitting at Table, Looking at Papers and Laptop in Office, Legal Business Service Concept, Close Up] ArLawKa AungTun/iStock via Getty Images * New Mexico on Thursday asked a judge to order Meta Platforms (META [https://seekingalpha.com/symbol/META]) to pay between $35B and $40B in penalties after a jury found the company misled consumers about the privacy of their Facebook data in a case stemming from the Cambridge Analytica scandal.

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