Chancery Tosses Meta Activist Investor Suit Over Social Ills
Chancery Tosses Meta Activist Investor Suit Over Social Ills <https://www.law360.com/technology/articles/1831409?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-05-01&read_main=1&nlsidx=0&nlaidx=4> By Dorothy Atkins A Delaware vice chancellor tossed a Meta activist investor's suit seeking to prioritize wider social impact over company profits, saying Delaware's single-firm corporate model assumes directors owe fiduciary duties to their company's stockholders, and there's no case law articulating that because it's "so basic," just as "fish don't talk about water." Read full article » <https://www.law360.com/technology/articles/1831409?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-05-01&read_more=1&nlsidx=0&nlaidx=4> | Save to favorites » <https://www.law360.com/technology/articles/1831409?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-05-01&read_later=1&nlsidx=0&nlaidx=4>
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Gunnar Larson