Meta has strong chance of getting $25 billion New Mexico penalty slashed on appeal, experts say

Meta Platforms stands a good chance of having the $25 billion penalty imposed by New Mexico reduced on appeal, according to legal experts. The penalty is one of the largest state verdicts against a company in US history, following a jury finding that Meta misled consumers about data access. The company's chief legal officer, C.J.

Mahoney, expressed confidence in the appeal's outcome. New Mexico Attorney General Raúl Torrez anticipates Meta will appeal the decision, ready to defend its legal stance. Jurors determined that 26 out of 29 statements by Meta and its leadership were misleading, leading to over 43 million potential violations in New Mexico, a state with 1.4 million active Facebook users and 2.1 million residents.

Judge Francis Mathew ruled that a penalty exceeding $219 billion would be permissible under state law, which permits a $5,000 fine per violation, but ultimately reduced it.