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BreakingStocks

Meta Ordered to Pay $25B Penalty in New Mexico Cambridge Analytica Case

First Detected: Oct 21, 2026, 5:33 PM
Last Update: about 1 hour ago
1 update

Event Summary

On October 21, a New Mexico jury ordered Meta to pay a $25 billion penalty for misleading citizens about its data safeguards. The ruling follows allegations that the company misrepresented the security of user information. This legal outcome is tied to the broader Cambridge Analytica data scandal.

Timeline

Latest developmentabout 2 hours ago

Meta Ordered to Pay $25B Penalty in New Mexico Cambridge Analytica Case

A New Mexico jury ordered Meta to pay a $25 billion penalty for misleading citizens about data safeguards and privacy practices linked to the Cambridge Analytica scandal.

Read the full story

Key facts

  • A New Mexico jury ordered Meta to pay a $25 billion penalty for misleading citizens about data safeguards.

Price Impact

Since event start
META+0.12%