Meta Platforms Wins Dismissal of Shareholder Lawsuit Over Child Safety Allegations

Reported about 1 month ago

Meta Platforms and CEO Mark Zuckerberg successfully had a lawsuit dismissed that accused them of misleading shareholders about the company's ability to ensure the safety of children on Facebook and Instagram. A U.S. District Judge ruled that the plaintiff did not demonstrate economic losses from Meta's disclosures and that federal law did not require detailed accounts of child safety measures. The dismissal prevents future litigation on this matter, although Meta still faces other lawsuits related to children's safety.

Source: YAHOO

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