While a win, it’s pocket change for Meta, who will be further disincentivized to fix the problem when even a loss is so cheap.
Jurors found there were thousands of violations, each counting separately toward a penalty of $375 million. That's less than one-fifth of what prosecutors were seeking.
Meta is valued at about $1.5 trillion and the company's stock was up 5% in early after-hours trading following the verdict, a signal that shareholders were shrugging off the news.
Juror Linda Payton, 38, said the jury reached a compromise on the estimated number of teenagers affected by Meta's platforms, while opting for the maximum penalty per violation. With a maximum $5,000 penalty for each violation, she said she thought each child was worth the maximum amount.