Facebook Pressured On Political Disclosures

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.

ArmWrestlingUncleSam650NorthStar 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.

The shareholder proposal — which will be voted on at the annual meeting set for Thursday, May 22, at 11 a.m. PT, at the Sofitel San Francisco Bay in Redwood City, Calif.

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