MarketPR
Less than two weeks after a legal loss in New Mexico, Meta Platforms ($META) faces a much bigger legal test.
California's attorney general is co-leading the case against the company, and the proceeding has been characterized as carrying "astronomical" consequences. The California action is the catalyst now in focus.
California entering through its attorney general changes the character of the action.
State co-leadership separates this from a standard plaintiff proceeding and signals coordinated enforcement at a level above what New Mexico represented.
Keep reading