7/102 sources · 2 publishersUpdated Nov 2, 20:27 UTC
Snap settles teen lawsuit alleging platform caused mental‑health harms during trial
Snap Inc reached a settlement with two teenagers who claimed the design of Snapchat led to depression, anxiety and eating disorders. The settlement was reached while jury selection was underway for the trial. The plaintiffs were a 16‑year‑old from Illinois and an 18‑year‑old from Mississippi, and Snap’s CEO Evan Spiegel had been slated to testify.
Why it matters
The settlement removes the two cases from the courtroom, reducing Snap’s immediate litigation exposure. No settlement amount was disclosed, so investors cannot quantify the financial impact, but the resolution may signal how future teen‑harm suits could be handled.
Key facts
- 1Snap settled the lawsuit during the trial while jury selection was in progress. finance.yahoo.com
- 2The plaintiffs were a 16‑year‑old girl from Illinois and an 18‑year‑old from Mississippi. finance.yahoo.com
- 3Snap’s Chief Executive Evan Spiegel had been expected to testify at the trial. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.