Newsletter Subscription


Enter your email address and start getting breaking law firm and legal news right now!



Every Alert   Alert once a day

 

Home » Archives by category » Business News » Facebook

Facebook Sued in Relation to IPO

Facebook Sued in Relation to IPO

  Mark Zuckerberg has been sued by a shareholder of Facebook because of its troubled IPO, according to Reuters.   The suit was filed by Gaye Jones and it claims…

SEC Scrutinizing Nasdaq’s Plan for Handling Facebook Fiasco

SEC Scrutinizing Nasdaq’s Plan for Handling Facebook Fiasco

On Monday, the U.S. Securities and Exchange Commission posted a notice online about Nasdaq’s Facebook plan, observing “The Commission believes that questions are raised as to whether Nasdaq’s accommodation proposal……

Facebook Hits 1 Billion Monthly Users

Facebook Hits 1 Billion Monthly Users

  On Thursday, Facebook announced that it reached the 1 billion mark for users last month. The company is headquartered in Menlo Park, California and it reached its 1 billion…

Nasdaq Postpones Date for Submitting Requests by Brokers Over Loss from Facebook IPO

Nasdaq Postpones Date for Submitting Requests by Brokers Over Loss from Facebook IPO

On Wednesday, Nasdaq OMX issued a notice to traders postponing the June 20 date by which brokers and traders who lost money in the stock-market debut of Facebook were to…

Facebook Agrees to Pay $10 Million to Charity to Settle Lawsuit over User’s Rights

Facebook Agrees to Pay $10 Million to Charity to Settle Lawsuit over User’s Rights

Though the settlement over the proposed class-action lawsuit was reached last month, it was made public this weekend. According to previous court documents, the class-action lawsuit against Facebook, brought by…

Facebook Filing Motion to Consolidate Claims Stemming from IPO

Facebook Filing Motion to Consolidate Claims Stemming from IPO

On Thursday, it was reported that Facebook is thinking of filing a motion to consolidate all shareholder lawsuits against it related with its recent IPO and that it may also…

Facebook Shares Continue Decline

Facebook Shares Continue Decline

  The shares for Facebook Inc. have declined again, dropping by 3.8 percent to $25.87 when the market closed in New York yesterday. This comes on the heels of a…

Facebook Gestures a Purchase of Opera and Inspires their Stock To Jump 26 Percent

Facebook Gestures a Purchase of Opera and Inspires their Stock To Jump 26 Percent

There have been rumors going around starting last week that Facebook is seeking to purchase Opera Software — Opera is a web-browser competing with Chrome and Firefox — and such…

What is Facebook’s Value?

What is Facebook’s Value?

  In the first quarter, the growth rate for Facebook was at 45 percent year over year, which is a decrease of 55 percent from the fourth quarter of last…

Facebook Stock Continues to Struggle

Facebook Stock Continues to Struggle

  On the third day of trading for the newly public stock of Facebook, the trading continues to slide as investors in the company continue to reconsider how much the…

Page 1 of 212