11:47 AM EDT, 03/28/2024 (MT Newswires) -- Meta Platforms ( META ) , TikTok owner ByteDance, and Snapchat parent Snap (SNAP) are facing a lawsuit in the Ontario Superior Court of Justice in Canada over allegedly addictive products.

"Endemic social media use is causing an unprecedented youth mental health crisis," the Toronto District School Board said in its complaint filed Wednesday, according to media reports.

The damages being sought by school districts in Toronto, Ottawa, and the Peel Region total about 4.5 billion Canadian dollars, ($3.32 billion), the reports said.

The companies didn't immediately respond to requests for comment from MT Newswires.

Price: 488.50, Change: -5.36, Percent Change: -1.09