Meta Platforms Inc.'s CEO, Mark Zuckerberg, has recently been relieved of personal liability in a series of lawsuits that claim Meta’s platforms, Facebook and Instagram, contribute to social media addiction among children. U.S. District Judge Yvonne Gonzalez Rogers dismissed the allegations against Zuckerberg, citing insufficient evidence demonstrating his personal responsibility in allegedly concealing mental health risks associated with these platforms. The lawsuits, totaling 25, accused Zuckerberg of neglecting internal warnings and minimizing the dangers publicly. However, Judge Rogers noted that merely having control over corporate activities does not amount to personal liability.

This ruling, however, does not affect the legal proceedings against Meta itself. The suits were filed in various U.S. states, including Arizona, Colorado, and New York, among others. The plaintiffs, represented by Motley Rice partner Previn Warren, expressed determination to continue their efforts to prove that major tech companies have knowingly favored profits over children's safety. This legal battle underscores significant concerns regarding the impact of social media on youth.

The matter of personal liability for corporate leaders has been a focal point, with Zuckerberg's defense arguing that holding executives accountable for a corporation’s actions based purely on their oversight roles is against fundamental principles. A previous ruling in April 2024 also partially dismissed claims against Zuckerberg, stating that the plaintiffs could not show that he had a duty to disclose product risks.

Meanwhile, Meta’s financial performance remains strong. The company recently reported third-quarter revenues of $40.59 billion, exceeding analysts’ predictions, and an adjusted earnings per share of $6.03, surpassing the expected $5.25. Despite positive financial results, Meta’s shares saw a slight dip, closing the week at $589.34 and experiencing a minor decline in after-hours trading.

These developments illustrate the ongoing tension between Big Tech’s business practices and societal expectations concerning user safety, especially for children. As Meta navigates these legal challenges and maintains its economic momentum, stakeholders continue to scrutinize its accountability and transparency measures.