Facebook Ipo Lawsuits Starting To Pile Up
Facebook may have just set a record. In the seven days since the company went public, it’s managed to become the subject of two congressional investigations and at least three lawsuits. One Facebook IPO lawsuit wouldn’t have been a surprise – with an offering this large, there was bound to be a disgruntled investor or two. But between the 2-hour NASDAQ delay and the falling stock prices, few can say they are shocked about the current state of Facebook’s legal affairs....