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What will be the next major legal action against Meta Platforms by the end of 2024?
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Resolution / Starting Odds
Privacy violations • 25%
Antitrust issues • 25%
Intellectual property disputes • 25%
Other • 25%
Court filings and press releases
Story
Meta Faces $7B Class-Action Lawsuit, Agrees to $1.4B Settlement with Texas AG Ken Paxton
Jul 30, 2024, 01:52 PM
Meta Platforms faces a $7 billion class-action lawsuit for allegedly inflating its Potential Reach metric by up to 400%, including bots and fake accounts in its audience figures on Facebook and Instagram. Additionally, Meta has agreed to pay $1.4 billion to the state of Texas to settle claims that the company profited from facial recognition technology without user consent. This settlement, secured by Texas Attorney General Ken Paxton, is the largest ever obtained from an action brought by a single state over unauthorized capture of personal biometric data.
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Meta found liable • 25%
Meta not found liable • 25%
Case settled out of court • 25%
Case dismissed • 25%
Meta Found Liable • 25%
Meta Not Found Liable • 25%
Case Dismissed • 25%
Other • 25%
Facebook • 25%
Twitter • 25%
TikTok • 25%
Other • 25%
No legal action • 25%
Lawsuit filed • 25%
Settlement reached • 25%
Meta wins in court • 25%
Fines imposed • 25%
Platform bans • 25%
No actions taken • 25%
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Meta wins all lawsuits • 25%
Meta loses all lawsuits • 25%
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No lawsuits filed • 25%
Data protection fine • 25%
Privacy policy mandate • 25%
Operational restrictions • 25%
No major action • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Lawsuit Filed • 25%
Regulatory Action • 25%
Criminal Charges • 25%
No Action • 25%
Facebook • 20%
Amazon • 20%
YouTube • 20%
Meta • 20%
TikTok • 20%