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   
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  • 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, 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 ...
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  • 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
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