A Meta spokesman confirmed the settlement, first reported by The Wall Street Journal.
The lawsuit contended that Trumps First Amendment rights were violated because Facebook acted as a public forum.
The companys attorneys wrote in 2022, Meta and its CEO are private parties.
Mark Zuckerberg and Donald TrumpGetty Images
Plaintiffs do not identify any novel theory for why this case should turn out differently.
Instead, they present the same arguments that courts have rejected repeatedly.
It lifted the suspension in 2023, and all other restrictions on his accounts in 2024.
Since then, Meta CEO Mark Zuckerberg has taken steps to ingratiate himself with Trump.
He dined at Mar-a-Lago during the presidential transition, and Meta donated $1 million to Trumps inaugural fund.
Zuckerberg himself attended the swearing in ceremony and other inaugural events.
Earlier this month, he wrote that Comcast should pay a big price for airing Seth Meyers late-night show.
Meyers has long done sharp humor at Trumps expense.
Skydances proposed acquisition of Paramount Global is still pending before the Justice Department and the FCC.
CBS has said in court filings that its editorial judgments are protected by the First Amendment.
