> And that doesn't matter. If Meta is forced to issue 10% more shares to the plaintiff the value of all shareholders' shares fall 10%. And if the plaintiff dumps all the shares on a single day, they fall even harder.

And why should Zuckerberg care? You can observe by looking at what he's doing that the only thing he wants to own with 99% of his wealth is Meta itself. If Meta stocks were to literally and permanently devalue by 99%, he's still a multi-billionaire and keeps his various mansions and so on, modulo whatever loans he has.

> Meta is still headquartered in Delaware and such an action would be subject to shareholder lawsuits.

So was Tesla until it wasn't: https://eu.delawareonline.com/story/money/business/2024/06/1...

> To retain them Meta has to spend more money - cash or further share dilution.

The recent fire-rehire scheme, the one where the firing was blamed on AI even though he got many of them back again, appears to be in aid of breaking the requirement to give out all those stock options.