NorthStar Asset Management issued a rebuttal to Facebook’s guidance in its Schedule 14A filing with the Securities and Exchange Commission detailing measures up for vote at its annual meeting, saying in a Form Px14a6g filing with the SEC that shareholders should vote for the resolution involving political contributions, and not against it, as the company advised.
Protect Internet Property Act
Facebook’s lobbying tab in the second quarter was a healthy $1.06 million, according to disclosure forms filed with the U.S. Senate Sunday night. While strong, the second-quarter figures were off the blistering pace set by the social network in the first quarter of the year, $2.45 million, which put the company ahead of its Silicon Valley rivals.
Facebook is one of 100 companies supporting the bipartisan Cyber Intelligence Sharing and Protection Act, which tackles bad-guy style hacking by granting access to private data to the government, private security agencies and even other companies.