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.
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Social sales and marketing software provider Hearsay Social announced the launch of content-curation platform Content Exchange, with Demand Media, Tribune Media Services, and Thomson Reuters already on board as content partners.