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Meta, formerly Facebook, has been hit with its first major lawsuit since a whistleblower exposed internal documents.聽

Ohio鈥檚 Attorney General is suing Mark Zuckerberg鈥檚 Meta, alleging that it misled the public and cost investors billions. The lawsuit was filed on Monday and accused the company of violating federal securities law by failing to disclose to investors research about the platform鈥檚 harmful impact on children.

David Yost, Ohio Attorney General, said in a press release:

鈥淔acebook said it was looking out for our children and weeding out online trolls, but in reality was creating misery and divisiveness for profit鈥� We are not people to Mark Zuckerberg, we are the product and we are being used against each other out of greed.鈥�

The lawsuit against Meta alleges:

鈥淸Meta] repeatedly misrepresented to investors and the public that use of Facebook鈥檚 products does not harm children, that the Company takes aggressive and effective measures to stop the spread of harmful content, and that Facebook applies its standards of behaviour equally to all users.鈥�

鈥淔acebook investors recently learned the truth when former Facebook employee turned whistleblower, Frances Haugen, came forward with internal documents showing that Defendants were aware that Facebook鈥檚 platforms facilitate dissention, illegal activity, and violent extremism, and cause significant harm to users.鈥�

Meta鈥檚 spokesperson Andy Stone insisted that 鈥渢his suit is without merit and we will defend ourselves vigorously鈥�. Whistleblower Frances Haughen鈥榮 claims contributed to the 鈥楩acebook Files鈥�. In response to these claims, a spokesperson said:

鈥淎t the heart of these stories is a premise which is false鈥� Yes, we鈥檙e a business and we make profit, but the idea that we do so at the expense of people鈥檚 safety or wellbeing misunderstands where our own commercial interests lie.鈥�