Market Chatter: Meta Settles With Plaintiffs Set for Social Media Addiction Trial in Los Angeles Next Week

MT Newswires Live10-31 01:55

Meta Platforms (META) has settled with plaintiffs set to go to trial next week in Los Angeles over social media addiction claims, Bloomberg reported Friday, citing Judge Carolyn Kuhl of California Superior Court in Los Angeles County.

Kuhl said the court was informed Thursday night of a settlement with the plaintiff identified as K.D.B., the report said, adding that Meta previously settled with the other plaintiff, S.J. The agreements will keep Meta CEO Mark Zuckerberg from taking the stand, the report said.

Meta did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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