https://www.reuters.com/article/us-facebook-stock-trial/zuckerberg-nixes-new-facebook-share-class-after-shareholder-lawsuit-idUSKCN1BX2PA

Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth.