Ohio Sues Meta (Formerly Known as Facebook)

The transcript discusses a lawsuit filed by Ohio's Attorney General against Facebook, now Meta, alleging that the company misled the public about its algorithm and the effects on children. The lawsuit claims that Facebook violated federal securities law by hiding the negative impact of its products on minors to boost stock prices. Filed on behalf of Meta investors and the Ohio Public Employees Retirement System, the suit seeks over $100 billion in damages and demands changes to prevent future deception. The truth began to surface through investigative journalism and whistleblower testimony, highlighting internal documents known as the Facebook Papers.

What is the main reason Ohio's Attorney General is suing Meta?

• For violating privacy laws

• For misleading the public about its algorithm

• For monopolistic practices

• For not paying taxes

Between which dates did the alleged violations by Facebook occur?

• January 1st to March 31st, 2021

• April 29th to October 21st, 2021

• June 1st to December 31st, 2020

• February 15th to August 15th, 2021

Who are the plaintiffs in the lawsuit against Meta?

• European Union

• Federal Trade Commission

• Ohio Public Employees Retirement System and Meta investors

• Meta employees

What is the amount of damages sought in the lawsuit against Meta?

• $200 billion

• $50 billion

• $100 billion

• $150 billion

How did the truth about Facebook's practices begin to emerge?

• Through a government investigation

• By a public statement from Facebook

• Via a social media campaign

• Through the Wall Street Journal's investigative series and whistleblower testimony