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Lawsuit Overview
An investor in Cloudflare, Inc. (NYSE: NET) shares filed a lawsuit against the board of directors of Cloudflare, Inc. in effort ot block a June 2nd vote on Cloudflare’s incentive plan for a 10-year award of stocks to certain Cloudflare founders. The plaintiff alleges that the founders decided “to effectively blackmail their own boards of directors” into handing out huge grants of st...
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