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Wednesday, December 30, 2015

Judge OKs 2 Shareholder Class Actions Against Facebook Over IPO

A federal judge has certified two shareholder class actions accusing Facebook Inc. of hiding concerns about its growth forecasts prior to the social media company’s May 2012 initial public offering. U.S. District Judge Robert Sweet in Manhattan said retail and …

from News – Insurance Journal http://ift.tt/1QZI84D
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