Alsup Fears $50M Pinterest Workplace Deal May Be 'Cosmetic'

By Hannah Albarazi · January 27, 2022, 6:04 PM EST

U.S. District Judge William H. Alsup said Thursday he's inclined to greenlight Pinterest's $50 million deal resolving derivative shareholder litigation alleging discriminatory workplace conditions, but expressed several concerns, saying he's seen...

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Case Information

Case Title

In re Pinterest Derivative Litigation

Case Number

3:20-cv-08331

Court

California Northern

Nature of Suit

Stockholders Suits

Date Filed

November 25, 2020


Case Title

The Employees' Retirement System of Rhode Island, derivatively on behalf of PINTEREST, INC. v. Silbermann et al

Case Number

3:20-cv-08438

Court

California Northern

Nature of Suit

Stockholders Suits

Date Filed

November 30, 2020