Although the jury concluded that Meta had over 43 million violations of the state’s unfair practices act, with each transgression carrying a civil penalty as high as $5,000, a New Mexico judge was responsible for determining the ultimate fine. The Wednesday filing showed that the state was awarded $219.5 billion, but the penalty was ultimately reduced to $25 billion.
So the $25 billion judgment is a judicial reduction from the jury award of $219.5 billion.
I also like this decision from the judge:
The judge added that interest on the penalty shall accrue at the rate of 15% each year until the fine is paid off in full.
Meta will likely appeal, but not only does that not guarantee a reduction in the judgment, if they drag this out for years, New Mexico gets paid out even more.