Facebook, Zuckerberg, banks must face IPO lawsuit -judge

Home Forums Facebook, Zuckerberg, banks must face IPO lawsuit -judge

Viewing 0 reply threads
  • Author
    Posts
    • #2625
      Anonymous
      Inactive

      Technology News

      Zuckerberg sits for audience questions in an  interview for the Atlantic Magazine in WashingtonBy Jonathan Stempel NEW YORK (Reuters) – A federal judge said Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its financial health before its $16 billion initial public offering last year. In a decision made public on Wednesday, U.S. District Judge Robert Sweet in Manhattan said investors could pursue claims that Facebook concealed material information from its IPO registration statement. …


Viewing 0 reply threads
  • You must be logged in to reply to this topic.
Share
Tweet
Share
Pin