Mark Zuckerberg’s Meta could face ‘astronomical’ damages as historic teen mental health case heads to trial

Mark Zuckerberg’s Meta faces the possibility of paying “astronomical” damages as opening arguments in the landmark trial accusing the tech giant of fueling a teen mental health crisis get underway in California federal court on Tuesday.

The Instagram parent claims it could face $1.4 trillion in damages – nearly the size of its entire market cap – based on how a coalition of state attorneys general argue that penalties should be calculated. The states say a more realistic figure if Meta loses the case would be a still-unprecedented $200 billion in damages.

Nonetheless, New Mexico attorney general Raul Torrez, who recently won a $567 million judgement against Meta in a separate state trial that made similar claims, said Wall Street is underestimating the possibility of an major court loss for Zuckerberg in his home state of California.

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