Chancery Denies Motion For Reargument In Facebook Suit

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By Katryna Perera (November 8, 2021, 9:29 PM EST) — A Delaware vice chancellor on Monday denied a motion for reargument by the plaintiff in a suit challenging Facebook’s decision to pay $5 billion to settle litigation over the company’s Cambridge Analytica data-harvesting scandal while company founder Mark Zuckerberg avoided liability.

Vice Chancellor Joseph R. Slights III said that in a previous opinion in October, the court denied Facebook’s motion to consolidate the demand-made derivative action by plaintiff Robert Feuer with related consolidated demand-futility actions. The court also stayed Feuer’s action in anticipation of dismissal motions, according to Monday’s opinion.

Feuer then filed a motion for reargument or reconsideration, arguing that…

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