Social Media Companies Continue To Settle Lawsuits For Millions. More Than 9,000 Cases Are Pending.

Source: International Business Times

Earlier this year, Meta agreed to make massive changes to its platforms to protect children and pay $18 billion in damages to lawsuits filed by state attorneys general across the country. Pixabay Social media companies continue to quietly settle lawsuits filed by teen plaintiffs who say the platforms damaged their mental health for millions of dollars. Although many of the agreements are confidential, Bloomberg Businessweek reported this week that most of the settlements range from $2 million to $2.