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Media SPAC led by former CBS chief begins trading on NASDAQ - Netscape Money & Business
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Media SPAC led by former CBS chief begins trading on NASDAQ
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Quelli della 5ª Ragioneria di nuovo insieme 40 anni dopo
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Court of Chancery Orders Production of Emails, Denies Production of Privileged Communications in Books and Records Action
Emps.’ Ret. Sys. of R.I. v. Facebook, Inc.,
C.A. No. 2020-0085-JRS (Del. Ch. Feb. 10, 2021)
In a post-trial opinion, Vice Chancellor Joseph R. Slights III granted a stockholder’s request to inspect directors’ nonprivileged electronic communications, including emails, concerning settlement negotiations for the purpose of investigating whether Facebook overpaid in the settlement to protect its CEO, Mark Zuckerberg, from substantial personal liability.
In July 2019, in connection with a data breach, Facebook agreed to pay $5 billion to the Federal Trade Commission (FTC) in exchange for the release of claims against the company and Mr. Zuckerberg personally. Facebook stockholder Employees’ Retirement System of Rhode Island (ERSRI) sought books and records to investigate whether Facebook spent corporate assets to protect Mr. Zuckerberg. Facebook produced so
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What the Media s Most Powerful Execs Were Paid in 2020: Did Pandemic Pay Cuts Have an Impact?
David Lieberman, provided by
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Do media barons believe in shared sacrifice? When the COVID-19 pandemic hit in 2020, several CEOs made headlines by voluntarily cutting their take-home pay or forgoing salaries. After all, the global health crisis had closed movie theaters and theme parks and brought film and television production to a standstill, forcing companies to lay off or furlough thousands of workers. “Everything stopped. Everything closed down,” says Bertha Masuda, a partner in Compensation Advisory Partners. “I don’t think there has ever been an event for these businesses as catastrophic as COVID.”