Meta fined $24.7M for project financing disclosure offenses

Meta fined $24.7M for project financing disclosure offenses

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SEATTLE — A Washington state judge on Wednesday fined Facebook momsanddad business Meta almost $25 million for consistently and deliberately breaching project financing disclosure law, in what is thought to be the biggest project financing charge in U.S. history.

The charge released by King County Superior Court Judge Douglass North was the optimum permitted for more than 800 infractions of Washington’s Fair Campaign Practices Act, passed by citizens in 1972 and lateron reinforced by the Legislature. Washington Attorney General Bob Ferguson argued that the optimum was suitable thinkingabout his workplace formerly tooklegalactionagainst Facebook in 2018 for breaching the exactsame law.

Meta, based in Menlo Park, California, did not rightaway respond to an e-mail lookingfor remark.

Washington’s openness law needs advertisement sellers such as Meta to keep and make public the names and addresses of those who buy political advertisements, the target of such advertisements, how the advertisements were paid for and the overall number of views of each advertisement. Advertisement sellers needto offer the details to anybody who asks for it. Television stations and papers have complied with the law for

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