Meta agrees to pay $25 million in Trump lawsuit settlement over suspended accounts
On Wednesday, Meta announced that it will pay $25 million to resolve a lawsuit that President Donald Trump had filed four years prior against the social media firm for suspending Trump's accounts following the attack on the U.S. Capitol on January 6, 2021.
The complaint was still proceeding when Meta, the parent company of Facebook and Instagram, filed a notice of the settlement in federal court in San Francisco. The terms, which included a $25 million payment from the corporation, $22 million going toward a fund for Trump's presidential library, and the remaining amount going toward legal fees and other plaintiffs in the lawsuit, were independently confirmed by Meta spokesperson Andy Stone.
According to Stone, Meta is not required to acknowledge fault as part of the settlement.
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