MENU
component-ddb-728x90-v1-01-desktop

Zuckerberg being sued

He may have just gotten back from his honeymoon, but Mark Zuckerberg is definitely back to reality.

Furious Facebook investors have filed a lawsuit against Zuckerburg, who founded Facebook. {}They believe he knew the business had been overvalued ahead of its Stock Market debut last month. {}Zuckerberg floated his social networking site on the U.S. Stock Market for $100-billion, but shares soon dropped in price, prompting complaints from many investors. {}As recently as yesterday, those shares dipped below $27 a share.Critics allege the CEO knew the stock was overpriced and protected his own finances by selling off the organization, according to TMZ.

{}

Trending

LOADING