Russia Files Criminal Lawsuit Against Facebook Parent Meta; Seeks To Designate As 'Extremist Organization'

• Russia slapped a criminal case against Facebook's parent Meta Platforms Inc (NASDAQ:FB), Reuters reports.
• Meta changed its hate speech rules to allow users to call for "death to the Russian invaders" in the context of the war with Ukraine.
• Russian prosecutors asked a court to designate Meta as an "extremist organization." 
• Related Content: Facebook, Apple, Google Ban Their Products and Services In Russia
• The Russian communications regulator restricted access to Meta's Instagram.
• Meta had temporarily allowed posts that call for the death of Russia's President Vladimir Putin or Belarusian President Alexander Lukashenko as per internal documents.
• Price Action: FB shares traded lower by 2.53% at $190.28 on the last check Friday.