{"id":16459,"date":"2019-08-21T14:00:08","date_gmt":"2019-08-21T18:00:08","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/california-state-teachers-retirement-system-wants-to-join-lawsuit-against-facebook-134534"},"modified":"2019-08-21T14:00:08","modified_gmt":"2019-08-21T18:00:08","slug":"california-state-teachers-retirement-system-wants-to-join-lawsuit-against-facebook","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/08\/21\/california-state-teachers-retirement-system-wants-to-join-lawsuit-against-facebook\/","title":{"rendered":"California State Teachers\u2019 Retirement System wants to join lawsuit against Facebook"},"content":{"rendered":"\n<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2019\/04\/34778254_l_123rf_facebook.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt=\"123rf_gilc\" title=\"California State Teachers\u2019 Retirement System wants to join lawsuit against Facebook\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>The Canadian Press <\/span>&nbsp;|&nbsp;August 21, 2019 <\/p>\n<p>The California State Teachers\u2019&nbsp;Retirement System says it wants to join a lawsuit seeking to change Facebook Inc.\u2019s corporate governance practices.<\/p>\n<p>The&nbsp;pension fund said Tuesday it will ask a judge to be added to a pending lawsuit against Facebook\u2019s leadership, which includes its chief executive officer, Mark Zuckerberg.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/new-zealand-pension-funds-pushing-for-change-at-facebook-google-and-twitter-128541\">NZ pension funds pushing for change at Facebook, Google and Twitter<\/a><\/strong><\/p>\n<p>The Fireman\u2019s Retirement System of St. Louis and retail investor Karen Sbriglio filed the lawsuit in August 2018 following the revelation that consulting firm Cambridge Analytica Ltd. had taken people\u2019s personal information&nbsp;from the social media platform without their knowledge and used it for political purposes.<\/p>\n<p>Aeisha Mastagni, the pension fund\u2019s manager of sustainable investment and stewardship strategies, said it believes weak corporate governance practices contributed to the scandal and damaged Facebook\u2019s stock price.<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/california-state-teachers-retirement-system-wants-to-join-lawsuit-against-facebook-134534\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian Press &nbsp;|&nbsp;August 21, 2019 The California State Teachers\u2019&nbsp;Retirement System says it wants to join a lawsuit seeking to change Facebook Inc.\u2019s corporate governance practices. The&nbsp;pension fund said Tuesday it will ask a&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/16459"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=16459"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/16459\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=16459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=16459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=16459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}