Legal Opinion

In re Facebook, Inc. Derivative Litigation

Court of Chancery of Delaware

Decided November 2, 2021No. 2018-0307-JRSPublished

1Opinion of the Court

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE FACEBOOK, INC. ) Consolidated DERIVATIVE LITIGATION ) C.A. No. 2018-0307-JRS ORDER REFUSING APPLICATION FOR CERTIFICATION OF INTERLOCUTORY APPEAL WHEREAS, two competing teams of stockholder plaintiffs and their counsel sought to be appointed to leadership roles in this consolidated derivative action brought on behalf of nominal defendant, Facebook, Inc. (“Facebook” or the “Company”); WHEREAS, the Court issued an Order on October 5, 2021 (the “Order”),1 in which it appointed Plaintiffs, California State Teachers’ Retirement System, City…

2Cases cited1 opinion

  1. Beckworth ex rel. Discount Trophy & Co. v. BizierDistrict Court, D. Connecticut · 2015

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