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Lars77

(3,032 posts)
Thu May 24, 2012, 03:06 PM May 2012

Facebook shareholders sue social networking site



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.
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