Meta Platforms lost a trial in New Mexico on Thursday, with a jury ruling that the company deceived the public regarding its speech and data privacy policies, violating state law. This marks the most costly legal consequence to date stemming from the Cambridge Analytica data scandal. New Mexico Attorney General Raúl Torrez stated that he would ask the court to impose a civil penalty of up to $219 billion on Meta. The final penalty amount will be determined by the judge, with a maximum fine of $5,000 per violation and between 1.3 million and 2.1 million violations. Meta disputed the verdict, stating that it disagreed with the ruling and would continue to fight it, citing the First Amendment. On Friday, Meta's stock closed down 3.33%.