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, 3 tweets, 1 min read Read on Twitter
FINALLY.
“The shareholder complaint was filed today in Delaware. It also names Facebook Chief Operating Officer Sheryl Sandberg and four other Facebook board members, including PayPal founder Peter Thiel.” abc7news.com/amp/business/f…
“CEO Mark Zuckerberg and other top Facebook executives have been hit with a complaint accusing them of insider trading. The suit also blames them for the privacy scandals that have rocked Facebook and its stock value since 2016.”
“According to the complaint, Zuckerberg, Sandberg & another board member also violated securities laws and their duties to shareholders by cashing out “massive amounts” of their personal Fb stock while urging investors to vote against...privacy oversight.”
news.bloomberglaw.com/securities-law…
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