Meta Faces Up to $1.4T Penalty in Landmark Case

TREE NEWS update: Meta is facing a potential penalty ranging from $4M to $1.4T in a consumer protection lawsuit, with a judge deciding the amount. The stock has dropped 8.4% since jury selection, underperforming the S&P 500. The author suggests that the market may be mispricing Meta’s earnings multiple and advertising business, rather than the outcome of the trial.