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At close · Fri, Aug 14, 2026
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HomeUS MarketsM&A & DealsMeta agrees to up to $17.1 billion settlement over soc…

Meta agrees to up to $17.1 billion settlement over social media claims

The settlement covers 47 states, the District of Columbia, and U.S. territories, and Meta will make major product changes aimed at addressing allegations involving children.

Meta will pay up to $17.1 billion in a landmark settlement tied to claims that its social media platforms harmed children, according to the New York Times Business.

The agreement spans 47 states, the District of Columbia, and U.S. territories, and it includes commitments to make major changes to Meta products related to the allegations.

The settlement follows claims that Meta’s platforms endangered children, and it requires the company to alter its products as part of the resolution.

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