In re Facebook, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that Delaware courts are reluctant to find valid Brophy claims based on “soft” information such as trends or projections of performance
• noting that a court may resolve the threshold question of venue before addressing jurisdiction
• stating that “this Circuit does not appear to recognize the doctrine”
• focusing on use of the term “exclusive” rather than modifying phrase “to the fullest extent permitted by law”
• “Derivative Plaintiffs have not alleged particularized facts that support an inference that the Board possessed information that was materially different from what existed in the marketplace.”
• rejecting “generic accusations” about directors selling stock in an IPO

Source: CourtListener parenthetical corpus (CC0).

Cited by

14 cases in this archive cite this case.

• In re Facebook, Inc., IPO Securities & Derivative Litigation
  S.D. New York· 2013-12-12· cited 43×
• North ex rel. Chemed Corp. v. McNamara
  S.D. Ohio· 2014-09-19· cited 32×
• Tlapanco v. Elges
  S.D. New York· 2016-09-15· cited 28×
• SC Note Acquisitions, LLC v. Wells Fargo Bank, N.A.
  E.D. New York· 2013-03-27· cited 15×
• In re Galena Biopharma, Inc.
  D. Oregon· 2015-02-04· cited 6×
• Haith ex rel. Accretive Health, Inc. v. Bronfman
  N.D. Illinois· 2013-03-01· cited 5×
• Butorin ex rel. KBR Inc. v. Blount
  S.D. Texas· 2015-03-31· cited 4×
• Davis v. Gutierrez, et al.
  D. New Hampshire· 2018-03-27· cited 2×
• in Re: Bruno Kubler, in His Capacity as Insolvency Administrator of Thielert Aircraft Engines GMBH
  Tex. App. Ct., 5th Dist. (Dallas)· 2017-08-04
• Sylebra Capital Partners Master Fund v. Ronald O. Perelman
  Court of Chancery of Delaware· 2020-10-09
• In Re: SmileDirectClub, Inc. Derivative Litigation
  Court of Chancery of Delaware· 2021-05-28
• Logicorp Mexico SA De CV v. Jorge Andrade
  Tex. App. Ct., 13th Dist.· 2022-12-01
• Logicorp Mexico SA De CV v. Jorge Andrade
  Tex. App. Ct., 13th Dist.· 2023-01-26
• Central Laborers' Pension Fund v. Alexander C. Karp.
  Court of Chancery of Delaware· 2025-04-25

Cites

71 cases in this archive are cited by this case; the 20 most cited are listed.

• Ashcroft v. Iqbal
  Supreme Court· 2009-05-18· cited 149,772×
• Bell Atlantic Corp. v. Twombly
  Supreme Court· 2007-05-21· cited 146,720×
• Scheuer v. Rhodes
  Supreme Court· 1974-04-17· cited 13,385×
• Cohen v. Beneficial Industrial Loan Corp.
  Supreme Court· 1949-06-20· cited 10,863×
• Steel Co. v. Citizens for a Better Environment
  Supreme Court· 1998-03-04· cited 10,096×
• The Bremen v. Zapata Off-Shore Co.
  Supreme Court· 1972-06-12· cited 3,455×
• Ruhrgas Ag v. Marathon Oil Co.
  Supreme Court· 1999-05-17· cited 3,295×
• Sinochem International Co. v. Malaysia International Shipping Corp.
  Supreme Court· 2007-03-05· cited 1,961×
• Pacific Gas & Electric Co. v. State Energy Resources Conservation & Development Commission
  Supreme Court· 1983-04-20· cited 1,382×
• Kamen v. Kemper Financial Services, Inc.
  Supreme Court· 1991-05-20· cited 1,291×
• Aronson v. Lewis
  Supreme Court of Delaware· 1984-03-01· cited 1,206×
• Ross v. Bernhard
  Supreme Court· 1969-11-10· cited 1,046×
• Brehm v. Eisner
  Supreme Court of Delaware· 2000-02-09· cited 877×
• Mills v. Polar Molecular Corp.
  Second Circuit· 1993-12-17· cited 848×
• Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.
  Supreme Court of Delaware· 1993-12-23· cited 768×
• Ohio Forestry Assn., Inc. v. Sierra Club
  Supreme Court· 1998-05-26· cited 757×
• Pettus v. Morgenthau
  Second Circuit· 2009-01-28· cited 567×
• Glassman v. Computervision Corp.
  First Circuit· 1996-07-31· cited 495×
• Phillips v. Audio Active Ltd.
  Second Circuit· 2007-07-24· cited 434×
• In Re Caremark International Inc. Derivative Litigation
  Court of Chancery of Delaware· 1996-09-25· cited 387×