Google has settled a shareholder lawsuit alleging that the company's plan to create a nonvoting class of stock would unfairly entrench the company's co-founders, Larry Page and Sergey Brin, on the company's board. The stockholders and Google agreed that the company would enact certain corporate governance provisions in exchange for dropping the lawsuit, according to Securities and Exchange Commission filings.
Google Settles Shareholder Lawsuit Over Stock Issue
Delaware Business Court Insider
June 19, 2013