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Delaware Court Rejects 'Portfolio Theory' Regarding Directors' Fiduciary Rights

Source :
Mondaq Business Briefing. May 9, 2024
Publication Year :
2024

Abstract

The Delaware Chancery Court rejected an attempt to hold directors of Meta liable for the implications their social media products have to the economy as a whole. The plaintiff argued [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
Mondaq Business Briefing
Publication Type :
News
Accession number :
edsgcl.793184378