Just assume any digital platform you're using isn't safe at this point.
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I've always considered iTunes to be one of the worst pieces of software ever written, but WhatsApp is a very close second.
It will be interesting to see if this goes anywhere. It looks like the claims are based on specific aspects of California law (put simply: wiretapping, privacy, and deceptive business practices). Do they have a strong case? I don't know, not worth my personal time to research state law on these issues.
Is there enough to go to court? Certainly the lawyers think so, and I agree. If Meta is claiming E2EE (which it is) and then immediately undercutting that by re-transmitting large numbers of messages to itself (which is alleged), that sure feels deceptive to me, and it's easy to think that a jury might agree.
It was obvious.