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Facebook is sued after stock plunge 'shocked' market

Facebook is sued after stock plunge 'shocked' market

6 years ago
Anonymous $dicfOfy7s2

https://www.reuters.com/article/us-facebook-lawsuit/facebook-is-sued-after-stock-plunge-shocked-market-idUSKBN1KH2JY

Facebook Inc and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over a disappointing earnings announcement by the social media company that wiped out about $120 billion of shareholder wealth.

Facebook is sued after stock plunge 'shocked' market

Jul 27, 2018, 10:18pm UTC
https://www.reuters.com/article/us-facebook-lawsuit/facebook-is-sued-after-stock-plunge-shocked-market-idUSKBN1KH2JY >Facebook Inc and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over a disappointing earnings announcement by the social media company that wiped out about $120 billion of shareholder wealth.