Facebook shareholders sue social networking site
Al Jazeera English
2012-08-22
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The social networking site Facebook is being sued by investors, along with the banks involved in taking the company public last week.
The stock price closed near $32 a share -- up slightly -- but still well below their initial offering price of $38.
Al Jazeera's Kristen Saloomey reports from New York.
The stock price closed near $32 a share -- up slightly -- but still well below their initial offering price of $38.
Al Jazeera's Kristen Saloomey reports from New York.
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