The settlement
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The agreement was reached in the lawsuit filed in federal court. The claims alleged that the company's products had a negative impact on young people. The details of the claims have not been made public, but the payment resolves the matter without a trial.
The $2.2 billion payment will be made to settle the case. Meta did not say whether the payment includes any admission of wrongdoing.
What happens next
The settlement is expected to close in the coming months. The company said it will make the payment according to the terms of the agreement.
