Pro Teen Shakeup

“These settlement numbers, reported for the first time, provide a rare glimpse into what the companies are willing to pay to avoid high-profile trials with teen users — and the looming financial risk such cases present. Roughly 9,800 personal injury cases are pending in state and federal court against Meta, Google’s YouTube, Snap Inc. and TikTok Inc.” Bloomberg (Gift Article): The Confidential Payments Meta and TikTok Made to Addicted Teens. “Seven confidential deals with young plaintiffs ranged from $2 million to $2.5 million. And the remaining personal injury lawsuits could expose the companies to billions of dollars in liability.”

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