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:
  • Facebook investors sue Mark Zuckerberg for insider trading
    Facebook investors have filed a class action lawsuit against Mark Zuckerberg, Facebook CEO, alleging that he had inside information that the stock was overvalued and that he protected his financial interests by unloading Facebook shares worth $1 billion.
    06/4/2012 - 6:26 pm | View Link
  • Investors Sue Facebook, Mark Zuckerberg and Banks Over IPO
    Facebook does not seem so invincible at the moment. Shareholders in the Social Networking giant announced they are filing a lawsuit against the company, majority shareholder and CEO Mark Zuckerberg and various banks including Morgan Stanley. They are ...
    05/23/2012 - 5:35 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
  • Three investors sue Facebook, Morgan Stanley
    NEW YORK (CNNMoney) — Three investors sued Facebook and chief executive Mark Zuckerberg on Wednesday, May 23rd, along with lead underwriter Morgan Stanley and a host of other underwriters, accusing them of withholding negative information about the ...
    05/23/2012 - 3:00 am | View Link
  • Irate investors sue Facebook, Zuckerberg and banks over IPO
    Facebook Inc. and banks including Morgan Stanley were sued by the social networking leader’s shareholders, who claimed the defendants hid Facebook’s weakened growth forecasts ahead of its $16 billion initial public offering. The defendants, who also ...
    05/23/2012 - 12:55 am | View Link
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