•California, Colorado, Kentucky, and New Jersey are seeking $200 billion from Meta in the first federal bellwether case over child social media addiction.
•A Delaware bankruptcy judge ruled that AIG engaged in deception to avoid paying hundreds of millions of dollars in deferred compensation to former executives.
•The judge reclassified a $37.6 billion intercompany loan from AIG to its financial-products unit as equity rather than a bona fide loan.