If SB 21 passes, any claims filed after Feb. 17, the day the bill was brought to the assembly, would be considered under the new law. That means shareholders wouldn't have the benefit of the current law, and investor protections that come with it, when their new claims are considered in Delaware court.
A Meta spokesperson declined to comment.
Mila Myles, a spokeswoman for Meyer, said in a statement that the governor has spent his first few weeks on the job meeting with "plaintiffs attorneys, Delaware corporate attorneys and countless Delaware incorporated companies," adding that he is not "doing the bidding of any billionaire."