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Facebook Asks Chancery Court To Quash Director Pay Suit

By Matt Chiappardi (August 19, 2014, 4:07 PM EDT) -- Facebook Inc. urged the Delaware Chancery Court late Monday to grant summary judgment in a derivative lawsuit challenging director pay that an investor claims is more than 45 percent higher than the company's peers, arguing the compensation has been properly approved by the social media titan's controlling stockholder, CEO Mark Zuckerberg....

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