Delaware Court Dismisses Facebook Suit by Stockholders
In United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension Fund v. Zuckerberg, the DE Court dismissed a suit brought by the stockholders because the Plaintiffs failed to adequately plead demand futility.
United States Sheryl Sandberg Marc Andreessen Mark Zuckerberg Delaware Court Plaintiffs Of Facebook Inc
Source: natlawreview.com