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BumRushDaShow

(158,703 posts)

7. Since this suit was filed by the actual shareholders of Facebook

Reply to mdbl (Reply #5)

Wed Jul 16, 2025, 08:22 PM

Jul 16

(and the original was filed before it became "Meta" ) then they apparently just want the amount of the fine (which I think was $5 billion), and legal costs among other stuff (that they estimated brings the total up to $8 billion) that "they" ended up paying out of their investment, to be refunded personally by Zuckerberg and those affiliated with him on Facebook's Board.

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ancianita

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Highlight:

Facebook privacy practices the focus of $8 billion trial targeting Zuckerberg [View all] BumRushDaShow Jul 16 OP

Lawsuits and shareholder proposals are grossly underutilized bucolic_frolic Jul 16 #1

Is there no filing? Is it because it's a Chancery Court? Why does business carve out a different court for itself ancianita Jul 16 #2

LOL I just dove into the Time Tunnel to go back to 2018 BumRushDaShow Jul 16 #3

Thanks for all your valuable research! I've not been able to find a link to a filing, so I've no idea what it all means. ancianita Jul 16 #4

I *think* I may have found what will be the starting docs for this BumRushDaShow Jul 16 #6

Thank you for all this, especially the Briefs. ancianita Jul 16 #8

Meta, like many US companies, is probably incorporated in Delaware Deminpenn Jul 17 #9

I understand that. Delaware has over 2,000,000 companies registered there, 67% of the Fortune 500. ancianita Jul 17 #10

It needs to be 200 billion to have any kind of impact mdbl Jul 16 #5

Since this suit was filed by the actual shareholders of Facebook BumRushDaShow Jul 16 #7