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Meta attorneys ask judge to dismiss suit claiming that directors' obligations extend beyond company

Attorneys for Meta and Mark Zuckerberg asked a Delaware judge on Wednesday to dismiss a shareholder lawsuit asserting novel claims about the roles of corporate leaders and arguing that the loyalties of Meta directors should not lie exclusively with the social media giant. James McRitchie, who runs a website focused on corporate governance and shareholder activism, argues that Meta's directors have breached their duties to the company by putting profits over broader societal and economic int...
United States Kurt Heyman James Kramer James Mcritchie Mark Zuckerberg Delaware Supreme Court
Source: aol.com

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Insider Selling: Cloudflare, Inc. (NYSE:NET) General Counsel Sells $188,730.00 in Stock

Cloudflare, Inc. (NYSE:NET – Get Free Report) General Counsel Douglas James Kramer sold 3,000 shares of Cloudflare stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $62.91, for a total transaction of $188,730.00. Following the transaction, the general counsel now owns 159,470 shares in the company, valued […]
Douglas James Kramer Mt Bank Corp Cloudflare Inc T Bank Corp Group Ltd Wells Fargo Company

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