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Meta: Youth-linked US legal claims reach to 'high tens of billions of dollars'

( October 30, 2025, 21:31 GMT | Official Statement) -- MLex Summary: Meta Platforms said in its quarterly 10Q securities filing that claims against the social media company in US litigation over the alleged addictive design of Instagram and Facebook could reach into the "high tens of billions of dollars," and that the company since November 2024, "tens of thousands of individual claimants began sending mass arbitration demands relating to 'social media addiction' and related harms allegedly caused by Instagram."Excerpt from Meta 10Q filing follows:...

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