REDWOOD CITY, Calif. (CN) – “‘Pretending that Facebook will have an independent board … is like putting rouge on a corpse,’” begins the shareholder derivative action against Facebook co-creator Mark Zuckerberg and others.
Shareholder Hal Hubuschman sued Mark Zuckerberg, Chief Financial Officer David Ebersman, and “certain members of its board of directors (the “board”) and certain of its executive officers,” on behalf of Facebook, Inc., in San Mateo County Court.
http://www.courthousenews.com/2012/06/02/47058.htm
