Pension fund sues Facebook director over handling of non-voting shares
Nabanita Dutta
News Editor
Image Credit: Shortpedia
A pension-fund recently sued Facebook directors for being too accommodating to create non-voting shares that Zuckerberg wanted to create to retain control after selling a majority of his stakes to fund philanthropic endeavours. The United Food and Commercial Workers Union's pension fund said that the directors should be held accountable for the way they have considered Zuckerberg's 'corrupted' proposal.
