New Mexico Lawyers Face 1.27 Billion Dollar Payday
Private plaintiffs lawyers hired by New Mexico stand to collect up to 1.27 billion dollars if the states record court win against Meta Platforms is upheld on appeal. Meta plans to challenge the twenty-five billion dollar judgment.
Xurve View
Insights:
Xurve View
Private attorneys representing United States states stand to collect up to $1.27 billion from Meta Platforms Inc-Class A after a court ordered a $25 billion judgment. The fee structure allows Chicago law firm DiCello Levitt to claim up to 5% to 20% of the total recovery based on a 2025 contingency contract. State governments increasingly rely on private counsel using contingency fees to challenge major technology corporations in court.
