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Chancery Approves Snap Inc. Deal, Trims Fee Award By $2M

By Leslie A. Pappas (February 26, 2024, 7:52 PM EST) -- An agreement between Snapchat parent Snap Inc. and a class of shareholders to settle litigation that accused the social media platform of giving its founders too much voting power won Delaware Chancery Court approval Monday, but shareholder attorneys got just $4.5 million of the $6.6 million in fees that they sought....

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