Facebook Class Counsel Pick 'Well-Reasoned,' Chancery Told

By Rose Krebs (October 27, 2021, 3:39 PM EDT) -- Prickett Jones & Elliott PA and other firms recently appointed to lead stockholder litigation over Facebook security lapses are asking the Delaware Chancery Court to deny a bid for a mid-case appeal over the leadership structure, saying review of the court's "well-reasoned" decision is not warranted.

In a brief filed this week, co-lead counsel Prickett Jones, Kaplan Fox & Kilsheimer LLP and Scott + Scott Attorneys at Law LLP urged Vice Chancellor Joseph R. Slights III to deny a request by Block & Leviton LLP and Heyman Enerio Gattuso & Hirzel LLP, on behalf of two Rhode Island pension fund Facebook...

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