Facebook Investors Sue Zuckerberg Over Ipo

Facebook investors sue Zuckerberg over IPO Furious Facebook investors have filed a lawsuit against founder Mark Zuckerberg, alleging he knew the business had been overvalued ahead of its flotation last month.

Topics:  ipo   furious facebook   mark zuckerberg   zuckerberg   
BING NEWS:
  • Investors sue Facebook and Morgan Stanley
    NEW YORK (CNNMoney) — Three investors sued Facebook and chief executive Mark Zuckerberg on Wednesday, along with lead underwriter Morgan Stanley and a host of other underwriters, accusing them of withholding negative information about the social network ...
    05/23/2012 - 8:14 am | View Link
  • Investors Sue Facebook
    Facebook shareholders filed a lawsuit on Wednesday against Facebook, its chief executive Mark Zuckerberg, and several banks led by Morgan Stanley for hiding weakened growth forecasts for the social network ahead of its initial public offering. The suit ...
    05/23/2012 - 3:38 am | View Link
  • Investors Sue Facebook, Banks Over IPO
    As reported by Bloomberg, the investors say they have lost more than $2.5 billion since Facebook went public on Friday. The suit names Facebook and CEO Mark Zuckerberg, as well as Morgan Stanley, Goldman Sachs, and JPMorgan Chase. Investors like Marc L.
    05/23/2012 - 12:16 am | View Link
  • 3 Facebook investors sue on handling of IPO
    Three Facebook investors filed a lawsuit Wednesday alleging that the ... filed in a New York federal court by law firm Robbins Geller Rudman & Dowd, names Facebook, CEO Mark Zuckerberg and the deal's leading underwriters as defendants.
    05/22/2012 - 6:21 pm | View Link
  • Investors sue Facebook, Morgan Stanley
    NEW YORK (CNNMoney) -- Three investors sued Facebook and chief executive Mark Zuckerberg on Wednesday, along with lead underwriter Morgan Stanley and a host of other underwriters, accusing them of withholding negative information about the social network's ...
    05/22/2012 - 1:00 pm | View Link
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    One of the biggest risks to the Company is Mark Zuckerberg, the company’s founder who invented Facebook in his Harvard dorm room when he was 19.
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    Facebook is an online social networking service that enables its users to connect with friends and family as well as make new connections.
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