Facebook faced more bad news Wednesday in the wake of its botched initial public offering. Shareholders filed a lawsuit against the social networking company, lead underwriter Morgan Stanley and several other Wall StreetZuckerberg Loses $2B on 2nd Day Watch Video Mark Zuckerberg Ties the Knot Watch Video Facebook Stock Lawsuit: Advantages to Insiders? Watch Video Teresa Nelson, a professor at Simmons School of Management in Boston and faculty affiliate at the CenterA separate lawsuit against
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