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Zuckerberg showed disregard to FB's board... Generally speaking, 5% of the company's (and below) is not considered 'material' in common usage. But, self-deali
by 001sky 14y ago
Zuckerberg showed disregard to FB's board...
Generally speaking, 5% of the company's (and below) is not considered 'material' in common usage. But, self-dealing issue is another matter. Nearly any amount of compensation is likely to be material relative to the salary of the Instagram CEO (for example), and in any event self-dealing is a more of a bright-line test (unjust enrichement).