In Facebook's first pay vote, tough love from an old friend

By Ross Kerber (Reuters) - Some of Mark Zuckerberg's mutual fund backers delivered a tough message on compensation for the leaders of Facebook Inc. Fidelity Investments, led by its $98 billion Contrafund, was among those voting against the pay of the social media company's top leaders in a nonbinding contest at its annual meeting in June, its first since going public. Securities filings show other funds voting against the pay included Legg Mason Capital Management Value Trust and Franklin Resources' Franklin Growth Fund. ...

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