Can the same law firm unsuccessfully bid to lead a class-action suit against a company, and then file a related derivative lawsuit against the same company? Facebook says no, requesting in a filing with Delaware’s Court of Chancery that the derivative suit filed by Robbins Geller Rudman & Dowd be thrown out due to a conflict of interest, but its argument may stand on shaky ground.
People all over the U.S. were posting about either President Barack Obama or Republican challenger Mitt Romney on Facebook during Election Day. But buzz about ballots wasn’t limited to the 50 states. Facebook released statistics Wednesday showing that the U.S. presidential election was popular in Canada, the U.K., and Australia.
Wondering how you can help those affected by Hurricane Sandy? Facebook can help. The American Red Cross has been using its Facebook page to post information about shelters, as well as to accept donations for the cause. The social network also reminded its users on the East Coast that posting status updates on Facebook from mobile devices is a quick and easy way to let loved ones know they are safe.
The dust has settled after the first presidential debate in Denver Wednesday night, and the Facebook-CNN Election Talk Meter has fresh insights on the melee in the Mile High City that are posted on the U.S. Politics on Facebook page.