Facebook IPO Case Study
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In the Court of Chancery of the State of Delaware Karen Sbriglio, Firemen’S ) Retirement System of St
EFiled: Aug 06 2021 03:34PM EDT Transaction ID 66784692 Case No. 2018-0307-JRS IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE KAREN SBRIGLIO, FIREMEN’S ) RETIREMENT SYSTEM OF ST. ) LOUIS, CALIFORNIA STATE ) TEACHERS’ RETIREMENT SYSTEM, ) CONSTRUCTION AND GENERAL ) BUILDING LABORERS’ LOCAL NO. ) 79 GENERAL FUND, CITY OF ) BIRMINGHAM RETIREMENT AND ) RELIEF SYSTEM, and LIDIA LEVY, derivatively on behalf of Nominal ) C.A. No. 2018-0307-JRS Defendant FACEBOOK, INC., ) ) Plaintiffs, ) PUBLIC INSPECTION VERSION ) FILED AUGUST 6, 2021 v. ) ) MARK ZUCKERBERG, SHERYL SANDBERG, PEGGY ALFORD, ) ) MARC ANDREESSEN, KENNETH CHENAULT, PETER THIEL, JEFFREY ) ZIENTS, ERSKINE BOWLES, SUSAN ) DESMOND-HELLMANN, REED ) HASTINGS, JAN KOUM, ) KONSTANTINOS PAPAMILTIADIS, ) DAVID FISCHER, MICHAEL ) SCHROEPFER, and DAVID WEHNER ) ) Defendants, ) -and- ) ) FACEBOOK, INC., ) ) Nominal Defendant. ) SECOND AMENDED VERIFIED STOCKHOLDER DERIVATIVE COMPLAINT TABLE OF CONTENTS Page(s) I. SUMMARY OF THE ACTION...................................................................... 5 II. JURISDICTION AND VENUE ....................................................................19 III. PARTIES .......................................................................................................20 A. Plaintiffs ..............................................................................................20 B. Director Defendants ............................................................................26 C. Officer Defendants ..............................................................................28 -
Facebook, Inc. Annual Report 2016
Facebook, Inc. Annual Report 2016 Form 10-K (NASDAQ:FB) Published: April 27th, 2016 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ FORM 10-K/A Amendment No. 1 __________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2015 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35551 __________________________ FACEBOOK, INC. (Exact name of registrant as specified in its charter) __________________________ Delaware 20-1665019 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 1601 Willow Road, Menlo Park, California 94025 (Address of principal executive offices and Zip Code) (650) 543-4800 (Registrant's telephone number, including area code) __________________________ Securities registered pursuant to Section 12(b) of the Act: Class A Common Stock, $0.000006 par value The NASDAQ Stock Market LLC (Title of each class) (Name of each exchange on which registered) Securities registered pursuant to Section 12(g) of the Act: None (Title of class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (Exchange Act) during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT of NEW YORK BRIAN ROFFE PROFIT SHARING PLAN, JACOB SALZMANN and DENNIS PALKON, In
Case 1:12-cv-04081-RWS Document 77 Filed 08/20/12 Page 1 of 29 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK BRIAN ROFFE PROFIT SHARING PLAN, JACOB Case No. 1:12-cv-4081 SALZMANN and DENNIS PALKON, Individually and On Behalf of All Others Similarly Situated, Hon. Robert W. Sweet Plaintiff, ECF Case v. FACEBOOK, INC., MARK ZUCKERBERG, DAVID A. EBERSMAN, DAVID M. SPILLANE, MARC L. ANDREESSEN, ERSKINE B. BOWLES, JAMES W. BREYER, DONALD E. GRAHAM, REED HASTINGS, PETER A. THIEL, MORGAN STANLEY & CO. LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN, SACHS & CO., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED and BARCLAYS CAPITAL INC., Defendants. (Additional captions on following pages) REPLY MEMORANDUM OF LAW IN FURTHER SUPPORT OF THE MOTION OF THE INSTITUTIONAL INVESTOR GROUP FOR APPOINTMENT AS LEAD PLAINTIFF, APPROVAL OF ITS SELECTION OF CO-LEAD COUNSEL, AND CONSOLIDATION OF ALL RELATED ACTIONS Case 1:12-cv-04081-RWS Document 77 Filed 08/20/12 Page 2 of 29 MAREN TWINING, Individually and On Behalf of Case No. 1:12-cv-4099 All Others Similarly Situated, Hon. Robert W. Sweet Plaintiff, v. ECF Case FACEBOOK, INC.; MARK ZUCKERBERG; SHERYL K. SANDBERG; DAVID A. EBERSMAN; MARC L. ANDREESSEN; ERSKINE B. BOWLES; JAMES W. BREYER; DONALD E. GRAHAM; REED HASTINGS; PETER A. THIEL; MORGAN STANLEY & CO. INC.; J.P. MORGAN SECURITIES LLC; GOLDMAN, SACHS & CO.; MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.; BARCLAYS CAPITAL INC.; ALLEN & COMPANY LLC; CITIGROUP GLOBAL MARKETS INC.; CREDIT SUISSE SECURITIES (USA) LLC; DEUTSCHE BANK SECURITIES INC.; RBC CAPITAL MARKETS, LLC; WELLS FARGO SECURITIES, LLC; BLAYLOCK ROBERT VAN LLC; BMO CAPITAL MARKETS CORP.; C.L. -
Instagram Officially Part of Facebook 7 September 2012
Instagram officially part of Facebook 7 September 2012 family," Facebook co-founder Mark Zuckerberg said in announcing the deal in April. "Now, we'll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests." Facebook said that it planned to let the San Francisco-based startup grow independently while tapping into Instagram expertise to improve ways for people to share pictures on the social network. Instagram on Thursday became part of Facebook as the social network completed its billion-dollar acquisition of "So many of us at Facebook love using Instagram the smartphone photo-sharing service. to share moments with our friends," Facebook vice president of engineering Mike Schroepfer said in a blog post. Instagram on Thursday became part of Facebook "That's why we're so excited to bring Instagram to as the social network completed its billion-dollar Facebook and see what we can create together," acquisition of the smartphone photo-sharing he continued. "We also can't wait to work with the service. talented Instagram team to improve the mobile experience." "Very excited to announce that we're now officially joining the Facebook family," Instagram co-founder Facebook users have increasingly taken to Kevin Systrom said in a Facebook post tagged as accessing the social network using smartphones or being made using a mobile phone in Japan. tablet computers. "I'm psyched for the next chapter of this long (c) 2012 AFP journey." US regulators in August closed an investigation into Facebook's deal to buy the startup behind photo-sharing smartphone application Instagram, taking no action. -
In Re: Facebook, Inc., IPO Securities and Derivative Litigation 12-MD
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK x IN REFACEBOOK, INC., IPO SECURITIES AND DERIVATIVE LITIGATION, OPINION MDL No. 12-2389 Case Relates to: 13 Civ. 2830 CAVE JONES, and HOLLY MCCONNAUGHEY, De:ivatjvely on Behalf of )OK, INC., Plaintiffs, -against- LvTIRK ZUCKERBERO, MARC L. ANDREESSEN, :1 B. BOWLES, :L1' 3 N. BREYER, .2JuD E. GRAHAM, R '7 HASTINGS, S11.vRYL K. SANDBERG, PER A. THIEL, DAVID EBERSMAN, CIPOLA HERMAN, MORGAN STANLEY & CO. LLC, J.P. MORGAN SECURITIES LLC and GOLDMAN, SACHS & CO., Defendants, - and - FACEBOOK, INC., a Delaware corporation, Nominal Defendant, ------------------------------ x A P p K A R A N C E 5: Attorneys for Plaintiffs ROBBINS GELLER RUDMAN & DOWD LLP 58 South Service Road, Suite 200 Melville, New York 11747 '1 By: Samuel H. Rudman, Esq. Darren J. Robbins, Esq. PRIGKETT, JONES & ELLIOTT, P.A. 1310 N. King Street Wilmington, Delaware 19801 By: Michael Han. .rhan, Esq. Paul A. Fioravanti, Jr., Esq. Patrick W. Flavin, Esq. Attorneys for Nominal Defendant Facebook KIRKLAND & ELLIS LLP 601 Lexington Avenue New York, NY 10022 By: Andrew B. Clubok, Esq. Brant W. Bishop, Esq. Susan E. Engel, Esq. Joseph Cascio, Esq. Kellen S. Dwyer, Esq, WTLLKIE FARR & GALLAGHER LLP 787 seventh Avenue New York, NY 10019 By: Richard D. Bernstein, Esq. Tariq Mundiya, Esq. Todd G. Cosenza, Esq. Elizabeth J. Bower, Esq. Sameer Advani, Esq. E* UI iavi uii a roSfl*] Sweet, D. J. Pursuant to the transfer order from the United States Judicial Panel on Multidistrict Litigation (the "MDL Panel") entered on October 4, 2012, 41 actions stemming from the May 18, 2012 initial public offering ("IPO") of Pacebook, Inc. -
Facebook's Emotional Contagion Experiment As a Challenge
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Cogitatio Press (E-Journals) Media and Communication (ISSN: 2183-2439) 2016, Volume 4, Issue 4, Pages 75-85 doi: 10.17645/mac.v4i4.579 Article Facebook’s Emotional Contagion Experiment as a Challenge to Research Ethics Jukka Jouhki 1,*, Epp Lauk 2, Maija Penttinen 1, Niina Sormanen 2 and Turo Uskali 2 1 Department of History and Ethnology, University of Jyväskylä, 40014 Jyväskylä, Finland; E-Mails: [email protected] (J.J.), [email protected] (M.P.) 2 Department of Communication, University of Jyväskylä, 40014 Jyväskylä, Finland; E-Mails: [email protected] (E.L.), [email protected] (N.S.), [email protected] (T.U.) * Corresponding author Submitted: 31 January 2016 | Accepted: 12 April 2016 | Published: 10 October 2016 Abstract This article analyzes the ethical discussion focusing on the Facebook emotional contagion experiment published by the Proceedings of the National Academy of Sciences in 2014. The massive-scale experiment manipulated the News Feeds of a large amount of Facebook users and was successful in proving that emotional contagion happens also in online environments. However, the experiment caused ethical concerns within and outside academia mainly for two intertwined reasons, the first revolving around the idea of research as manipulation, and the second focusing on the problematic definition of informed consent. The article concurs with recent research that the era of social media and big data research are posing a significant challenge to research ethics, the practice and views of which are grounded in the pre social media era, and reflect the classical ethical stances of utilitarianism and deontology. -
1 Sjc-12946 Commonwealth of Massachusetts Supreme
SJC-12946 COMMONWEALTH OF MASSACHUSETTS SUPREME JUDICIAL COURT ATTORNEY GENERAL MAURA HEALEY, Petitioner-Appellee, v. FACEBOOK, INC., Defendant-Appellant. On Appeal from an Order of the Superior Court for Suffolk County BRIEF OF AMICUS CURIAE COMMON SENSE MEDIA IN SUPPORT OF PETITIONER-APPELLEE ATTORNEY GENERAL MAURA HEALEY Joseph Jerome (BBO #683012) Ariel Fox Johnson Common Sense Media 699 8th St, Suite C150 San Francisco, CA 94103 (415) 863-0600 [email protected] Counsel for Amicus Curiae Common Sense Media November 13, 2020 1 TABLE OF CONTENTS TABLE OF AUTHORITIES .................................................................................. 3 CORPORATE DISCLOSURE STATEMENT ....................................................... 6 PREPARATION OF AMICUS BRIEF DECLARATION ..................................... 6 INTEREST OF THE AMICUS CURIAE .............................................................. 7 ARGUMENT ....................................................................................................... 10 I. The public has yet to learn the effectiveness of Facebook’s App Developer Investigation and Facebook has a history of poor oversight of app developers. 13 II. Facebook’s internal privacy program and review processes have not stopped the company from engaging in problematic practices involving teens and teens’ data, including with third-party apps. ................................................................ 18 III. Facebook as a third-party app has itself taken advantage of minors in violation of other -
THE FINANCIAL VALUE of FACEBOOK by William Calvin Bickford Submitted in Partial Fulfillment of the Requirements for Departmenta
THE FINANCIAL VALUE OF FACEBOOK by William Calvin Bickford Submitted in partial fulfillment of the requirements for Departmental Honors in the Department of Communication Studies Texas Christian University Fort Worth, Texas May 3, 2012 ii THE FINANCIAL VALUE OF FACEBOOK Project Approved: John Bizjak Department of Finance (Supervising Professor) Jeff Moore Department of Finance Laurie Wood Department of Accounting iii TABLE OF CONTENTS INTRODUCTION .................................................................................................................1 INITIAL PUBLIC OFFERING .............................................................................................3 10 Criteria for Great IPOs .................................................................................................5 The IPO Disaster ...............................................................................................................10 FACEBOOK’S REVENUE SYSTEM ..................................................................................12 Potential and Problems .....................................................................................................13 FINANCIAL ANALYSIS .....................................................................................................17 Discussion of Financial Model .........................................................................................17 Ratio Analysis ...................................................................................................................21 CONCLUSION -
Rassegna Stampa Del 24/04/2014
ANIEM Rassegna Stampa del 24/04/2014 La proprietà intellettuale degli articoli è delle fonti (quotidiani o altro) specificate all'inizio degli stessi; ogni riproduzione totale o parziale del loro contenuto per fini che esulano da un utilizzo di Rassegna Stampa è compiuta sotto la responsabilità di chi la esegue; MIMESI s.r.l. declina ogni responsabilità derivante da un uso improprio dello strumento o comunque non conforme a quanto specificato nei contratti di adesione al servizio. INDICE ANIEM 24/04/2014 Corriere di Verona - Verona 6 Moretti punta sulle imprese «Credito e burocrazia battaglie per l'Europa» ANIEM WEB Il capitolo non contiene articoli SCENARIO EDILIZIA 24/04/2014 Corriere della Sera - Bergamo 8 «Edilizia, grande malata È l'ora di unire le Casse» 24/04/2014 Corriere della Sera - Milano 9 Darsena, corsa contro il tempo Al via turni non stop nei cantieri 24/04/2014 Il Sole 24 Ore 11 Contratti di sviluppo anche al Centro-Nord: scatta la riforma 24/04/2014 Il Sole 24 Ore 13 Faro Autorithy sui conti della Nuvola 24/04/2014 Il Sole 24 Ore 14 Expo, un emendamento per la Fiera di Milano 24/04/2014 Il Sole 24 Ore 16 «EDILIZIA SOCIALE» ALLA SFIDA TERZA ETÀ 24/04/2014 Il Sole 24 Ore 17 Ora il cohousing si mette in rete 24/04/2014 La Repubblica - Firenze 18 Slitta l'apertura, addio Notte bianca 24/04/2014 La Repubblica - Firenze 20 Peretola, un "giallo" al ristorante 24/04/2014 Il Mattino - Benevento 21 Manca l'energia: le nuove fontane a secco e al buio 24/04/2014 La Padania - Nazionale 22 Zaia a Renzi: «Al Veneto 2,8 mld per le opere -
1 Sjc-12946 Commonwealth
Supreme Judicial Court for the Commonwealth Full Court: SJC-12946 Filed: 11/13/2020 10:47 AM SJC-12946 COMMONWEALTH OF MASSACHUSETTS SUPREME JUDICIAL COURT ATTORNEY GENERAL MAURA HEALEY, Petitioner-Appellee, v. FACEBOOK, INC., Defendant-Appellant. On Appeal from an Order of the Superior Court for Suffolk County BRIEF OF AMICUS CURIAE COMMON SENSE MEDIA IN SUPPORT OF PETITIONER-APPELLEE ATTORNEY GENERAL MAURA HEALEY Joseph Jerome (BBO #683012) Ariel Fox Johnson Common Sense Media 699 8th St, Suite C150 San Francisco, CA 94103 (415) 863-0600 [email protected] Counsel for Amicus Curiae Common Sense Media November 13, 2020 1 TABLE OF CONTENTS TABLE OF AUTHORITIES .................................................................................. 3 CORPORATE DISCLOSURE STATEMENT ....................................................... 6 PREPARATION OF AMICUS BRIEF DECLARATION ..................................... 6 INTEREST OF THE AMICUS CURIAE .............................................................. 7 ARGUMENT ....................................................................................................... 10 I. The public has yet to learn the effectiveness of Facebook’s App Developer Investigation and Facebook has a history of poor oversight of app developers. 13 II. Facebook’s internal privacy program and review processes have not stopped the company from engaging in problematic practices involving teens and teens’ data, including with third-party apps. ................................................................ 18 -
Cyber Liability Focus Facebook, Inc. 1
Client Report – Cyber Liability Focus Facebook, Inc. _________________________________________________________________________ Company Profile Credit Details Location 1601 Willow Rd Overall Credit Risk High Risk Menlo Park, CA www.facebook.com Number of Legal Derogatory 34 Company Type Public Items Liability Amount $1,873.00 Formerly Known As N/A Experian Intelliscore 5.00 SIC Code 7374 SIC Code Description Computer Processing And Data Preparation Experian Intelliscore Percentile 4.00 % of companies score lower and And Processing Services have higher credit risk Established N/A Experian Commercial IntelliscoreSM is an all-industry commercial model using business information to predict business risk. Its Sales (in millions) $5,089.00 predictiveness is among the best on the market today The objective of the Commercial Intelliscore Model is to predict seriously Employees 4619 derogatory payment behavior. Possible score range from 0 to 100, where 0 is high risk and 100 is low risk Total OSHA Violations N/A -Liability Amount is the total dollar amount of debtor’s legal liability, including accounts in collection, tax liens,judgments and/or bankruptcies OSHA is an arm of the Department of Labor that conducts inspections of company facilities with the goal of preventing work-related injuries, illnesses and deaths. -The Number of Legal Derogatory items are the sum of Tax-Lien Worksites that do not meet health and/or safety standards at the time of inspection may Count, Bankruptcy,Judgment, Collection-Counter and UCC Derog receive an OSHA violation. Business Description Facebook, Inc. operates as a social networking company worldwide. The company builds tools that enable users to connect, share, discover, and communicate with each other; enables developers to build social applications on Facebook or to integrate their Websites with Facebook; and offers products that enable advertisers and marketers to engage with its users. -
Facebook 2015 Proxy Statement
1601 Willow Road Menlo Park, California 94025 April 24, 2015 To Our Stockholders: You are cordially invited to attend the 2015 Annual Meeting of Stockholders (Annual Meeting) of Facebook, Inc. to be held at the Santa Clara Marriott, located at 2700 Mission College Boulevard, Santa Clara, California 95054, on June 11, 2015, at 11:00 a.m. Pacific Time. The matters expected to be acted upon at the meeting are described in detail in the accompanying Notice of Annual Meeting of Stockholders and proxy statement. You may cast your vote over the Internet, by telephone, or by completing and returning the enclosed proxy card in the postage-prepaid envelope to ensure that your shares will be represented. Your vote by proxy will ensure your representation at the Annual Meeting regardless of whether or not you attend in person. Returning the proxy does not deprive you of your right to attend the meeting and to vote your shares in person. We look forward to seeing you at the meeting. Mark Zuckerberg Chairman and Chief Executive Officer Menlo Park, California IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE STOCKHOLDER MEETING TO BE HELD ON JUNE 11, 2015: THIS PROXY STATEMENT AND THE ANNUAL REPORT ARE AVAILABLE AT www.proxyvote.com Facebook, Inc. 1601 Willow Road Menlo Park, California 94025 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 11, 2015 To Our Stockholders: NOTICE IS HEREBY GIVEN that the 2015 Annual Meeting of Stockholders of Facebook, Inc. will be held at the Santa Clara Marriott, located at 2700 Mission College Boulevard, Santa Clara, California 95054, on June 11, 2015, at 11:00 a.m.