Will Other Shareholders Join in the Facebook Shares Lawsuit?
In May 2016, law firm Kessler Topaz Meltzer & Check, LLP started litigation against the board of Facebook Inc., a social media giant. This stems from Facebook’s board granting its CEO Mark Zuckerberg the ability to cash out and go forward with his highly-publicized plans to fund his mega-charity (Chan Zuckerberg Initiative LLC), while not diluting voting power. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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