The bill for Cambridge Analytica has arrived, nearly a decade later.
New Mexico's Attorney General had sued Meta in 2021, arguing that Facebook:
Misled users about how their personal information was collected, shared, and protected.
- Misrepresented the level of control users had over their data.
- Made deceptive statements about its efforts to address misinformation and hate speech.
- Failed to follow through on promises it made after the Cambridge Analytica revelations, including investigations into third-party apps.
A Santa Fe jury found Meta violated New Mexico’s consumer-protection laws more than 43 million times, based on company and executive statements about hate speech and user data.
The penalties calculated came to $219.5 billion, which the judge cut to $25 billion, using the law’s $5,000-per-violation maximum. New Mexico’s population-based share of the $17.1 billion multistate settlement would have been about $349 million.
Meta’s chief legal officer C.J. Mahoney said the company expects to win on appeal. For scale, Meta reported Q3 2026 revenue of $64.6 billion and net income of $9.9 billion.