https://www.recode.net/2017/9/22/16352442/mark-zuckerberg-share-classification-lawsuit-settlement-control-philanthropy

Facebook CEO Mark Zuckerberg will no longer try to reclassify the company’s stock, settling a major class-action lawsuit with shareholders.

Zuckerberg wanted to reclassify Facebook’s stock so he could sell shares — to fund the ambitious philanthropic projects he and his wife, Priscilla Chan, are leading — while retaining control of the company.