Owners of Facebook stock were rebuffed on Thursday after they called on company leaders to share more information about what they are doing to address the circulation of fake news.
They asked the firm to prepare a report on the subject.
Facebook maintained a report was unnecessary and would not benefit the company.
The proposal, presented at the firm's annual meeting, did not pass. That was expected, since chief executive Mark Zuckerberg controls a majority of the firm's voting power.