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Shareholder victory in Facebook proposed reclassification

In this matter, a Brattle Principal submitted expert reports and testified at deposition on the harm to Facebook Class A shareholders that a proposed issuance of non-voting stock would cause. Shareholders sought to enjoin the issuance of such shares. Facebook cancelled its plans to issue the non-voting stock five days before the trial in Delaware Chancery Court was set to begin.

Practices
M&A Litigation
M&A Litigation
Experts Involved

Benjamin Sacks

Principal

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