New Mexico jury orders Meta to pay $375 million in child safety case

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A Santa Fe jury found Meta liable on both claims brought by New Mexico under the state's Unfair Practices Act. The jury ordered the maximum penalty under the law, $5,000 per violation, totaling $375 million. The verdict came on Tuesday, March 24, 2026, a day after closing arguments.

Verdict Tuesday, March 24, 2026, in Santa Fe
Total $375M: the $5,000 maximum per violation
Jury found Meta liable on both state claims under the Unfair Practices Act

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Moves this explains

QQQ−1.77%Mar 25 · QQQ fell 1.77% to 576.72 with S&P 500 -1.22%. META fell 7.17% after verdicts holding it liable for harm to young users, including a New Mexico jury award of $375 million. Other losses were broad: AMD -6.42%, INTC -5.61%, MU -5.41%, TSM -4.98%, COIN -3.99%.

Source

KFOX14 (via Idaho News)

Mar 24, 2026

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