Facebook Settles Investor Suit Over Claim of Excessive Pay

  • Social networking company agrees to keep closer watch
  • Facebook, Zuckerberg were sued over 2012 incentive plan

Mark Zuckerberg.

Photographer: David Paul Morris/Bloomberg

Officials of Facebook Inc., owner of the world’s largest social network, settled a shareholder lawsuit by agreeing to revise pay schedules and keep a closer watch on how company officials are compensated.

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