Meta Platforms Inc., the parent company of Facebook and Instagram, is facing multiple legal challenges in Japan and the United States. In Japan, approximately 30 plaintiffs are suing Meta for at least 300 million yen, alleging that the company facilitated fraudulent advertisements that solicited investment funds using fake endorsements from celebrities. This lawsuit is part of a broader trend of increasing scrutiny over Meta's advertising practices. Concurrently, in the U.S., a federal judge has allowed school districts to pursue negligence claims against Meta, with lawsuits alleging that the social media platforms have harmed children and diverted educational resources. This follows a recent ruling where Meta and CEO Mark Zuckerberg were cleared of misleading investors regarding child safety efforts, although the company still faces ongoing litigation related to data privacy and social media addiction.
In other news, Facebook and Instagram just failed to dismiss the massive lawsuit filed by hundreds of school districts around the nation for allegedly harming children, diverting school resources to deal with their harms, and targeting high schoolers. 1/2 https://t.co/Xjtztt0wSi
Another order dropped in the social media multidistrict litigation: A federal judge allowed school districts to sue social media sites for negligence. https://t.co/dKtYYr9JL2
A U.S. district court on Tuesday ruled that Meta and CEO Mark Zuckerberg did not mislead investors about online child safety efforts. Learn more: https://t.co/4zjmX3U7AL #MetaLawsuit #ChildSafety #LegalVictory #MetaNews #TechRegulation https://t.co/mK3TYTANap