One of the shareholders Facebook will sue the Corporation.
The plaintiff fears gain control of Mark Zuckerberg through the issuance of new securities.
In the court of the U.S. state of Delaware received a claim from the shareholder the Internet Corporation Facebook Inc., seeks to prevent the implementation of the plan of securities of a new category (class C). About it reports Reuters.
Who specifically went to court, not reported, but it is noted that to join the lawsuit can and other holders of securities.
An unnamed shareholder believes that the issuance of securities of a new category will lead to the fact that CEO mark Zuckerberg will strengthen its control over the social network.
The plaintiff alleges that the company’s Board of Directors before they adopt the decision to issue new shares, “did not bargain hard enough to obtain something of value” in exchange for granting Him complete control over Facebook.
“Zuckerberg wants to keep their power, having sold most of his shares of the company for billions of dollars. To issue shares of class C (Class C) is all the same what to give him securities worth billions of dollars, for which he personally will not pay anything”, – says the statement of claim.
Recall, the world’s largest social network Facebook, the same name owned by the Internet Corporation Facebook Inc., increased net profit in the First quarter of 195% compared to the same period in 2015, from $ 512 million to 1.51 billion dollars.
