Fortune September 12, 2026 • 11:00

A flawed system and one man’s hubris cost Meta shareholders $17 billion - fortune.com

By Andrew Behar

A flawed system and one man’s hubris cost Meta shareholders $17 billion - fortune.com

Meta's settlement may seem large, but it may be just the tip of the iceberg. The plaintiffs' own models put the damages in the trillions.

Meta has agreed to pay up to $17.1 billion to settle claims by 47 states and thousands of families making the case that Facebook and Instagram were engineered to addict children.   While the settleme… [+4882 chars]

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