2026-11-12 15:22 UTC
"The world’s biggest #SocialMedia companies🚨have reached a dozen confidential settlements in recent months with teen plaintiffs over claims the platforms damaged their mental health. Payouts:🚨secret, but Bloomberg Businessweek➡️learned: most ranged from $2M - $2.5M.
+in just the past two weeks, #Meta Platforms Inc🚨agreed to pay 2 of these teens a comb $7B...
ATTY for 2 of the 4 plaintiffs: companies “offered so much money that my clients couldn't refuse."
#BigTech #USPol
https://www.bloomberg.com/news/articles/2026-11-12/meta-tiktok-payouts-reveal-cost-to-settle-social-media-addiction-suits?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc5NDQ5NDY3NywiZXhwIjoxNzk1MDk5NDc3LCJhcnRpY2xlSWQiOiJUT0RaWVJOM04wOFkwMCIsImJjb25uZWN0SWQiOiJGMUM1Mzc1OEY5Qjg0MDZCOUJCNzMyODRDN0RBMEY3QyJ9.4tia1CTneZiW-6G5iOy_g23fLQCzCJe5cB43KjkJaow&leadSource=article-gifting
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