Zuckerberg & Facebook slapped with lawsuit for failing to warn investors of slowing growth
Facebook investors are suing the social network, its CEO Mark Zuckerberg and CFO David Wehner after a poor earnings report wiped out nearly $160 billion of shareholder wealth. The lawsuit, filed by shareholder James Kacouris in a Manhattan federal court, could be the first of many claims over a disappointing earnings announcement by the social … Read more