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Tag Archives: $69 million lawsuit

Facebook Ordered to Pay $69 Million in Attorney Fees in Shareholder Action

Facebook Inc. has agreed to pay nearly $69 million in attorneys’ fees in a mooted shareholder lawsuit over a scrapped plan that would have reclassified the company’s stock. The deal was reached in late October in Delaware Chancery Court. The deal marked the end of a legal battle over attorneys’ fees that that continued long […]

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