Meta said Wednesday it would pay $25 million to settle a four-year-old lawsuit from President Donald Trump over the social media company's decision to suspend Trump's accounts after the Jan. 6, 2021, riot at the U.S. Capitol. Meta, the parent company of Instagram and Facebook, filed a notice of the settlement in federal court in San Francisco, where the lawsuit was pending. Meta spokesperson Andy Stone separately confirmed the terms: a $25 million payment from the company, with $22 million going toward a fund for Trump's presidential library and the balance dedicated to legal fees and other plaintiffs in the case. The settlement does not require Meta to admit wrongdoing, Stone said. The White House declined to comment on the settlement.