Meta Platforms agreed to pay $25 million to settle a 2021 lawsuit brought by Donald Trump over his account suspension following the January 6 Capitol attack. Of the settlement, $22 million will fund Trump’s presidential library, with the rest covering legal fees. Meta admitted no wrongdoing. The lawsuit’s resolution followed meetings between Trump and Meta CEO Mark Zuckerberg. The case was one of several lawsuits Trump filed against social-media companies. U.S. corporations have moved to mend ties with Trump amid his return to the White House.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Meta Platforms agreed to pay $25 million to settle a 2021 lawsuit brought by Donald Trump
00:07over his account suspension following the January 6th Capitol attack.
00:11Of the settlement, $22 million will fund Trump's presidential library,
00:15with the rest covering legal fees.
00:18Meta admitted no wrongdoing.
00:19The lawsuit's resolution followed meetings between Trump and Meta CEO Mark Zuckerberg.
00:24The case was one of several lawsuits Trump filed against the social media company.
00:29U.S. corporations have moved to mend ties with Trump amid his return to the White House.
00:33For all things money, visit Benzinga.com.