A loss at trial could expose Meta to penalties of as much as $1.4 trillion, while a settlement would likely be far smaller

The federal lawsuit was brought by the attorneys general of 29 U.S. states.

The report comes during a federal court trial in California over claims brought by 29 states, in what is one of the highest-profile tests of allegations that social media…

Meta discusses a potential settlement in a high-profile case over social media's harm to teens during a federal trial.