Facebook investors sue Mark Zuckerberg over IPO

Bombaybuz

Minister (2k+ posts)
Mark-Zuckerberg.jpg


New York: Disgruntled Facebook shareholders have sued Facebook owner, Mark Zuckerberg, alleging he had inside info that the stock was grossly overvalued, and he protected his own financial hide by quickly unloading a ton of Facebook stock.According to TMZ, the lawsuit claims Zuckerberg and his cronies hid the fact that there was a foundational flaw in the Facebook business modelthe lack of advertising revenue to support the IPO price of $38.The lawsuit claims Morgan Stanley, JPMorgan, and Goldman Sachs knew that Facebook IPO was seriously overvalued, but that information was selectively disclosed to the largest investors, and not to the smaller ones.Since Facebook went public, shares in the companywhich were once valued at $104 billiontumbled from a peak of $38 to $26 per share in the week following Facebooks IPO debut.
 

BuTurabi

Chief Minister (5k+ posts)
[MENTION=7864]Bombaybuz[/MENTION]

اِس لاء سوٹ کا فائدہ کیا ہو سکتا ہے؟
کِن کو ہو سکتا ہے؟
اگر کوئی فائد یا نُقصان ہوگا تو کِسکو؟
جِنہوں نے آئی پی او خریدا یا جِنہوں نے اوپن مارکیٹ سے شئیر خریدے؟
اگر رہنُمائی کر سکیں تو شُکریہ!۔
 

Bombaybuz

Minister (2k+ posts)
In my limited understanding is a nuksaan FACEBOOK ko hoga as a company ... jo k hua bhe share prices are going down ... aur faida zuckerberg ko hua kiyon k IPO main jo price rakhe gaye thi woh share ki actual market value sai zayada thi ... as per norms kuch illegal nahi hua hai jitna case abhi media main aaya hai ... Haan per IPO launch k saath he ager company owner itni bulk quantity main apney share sale ker dey tou us sai aik negative impact parta hai company reputation pay ... per koe apney share kabhi bhe bach sakta hai tou yahan tak tou theek lakin jo kaha ja raha hai ... tou untill unless ya prove ho jaye k kuch inside information kuch selected loghon ko dee gaye tou woh illegal hai ... per ya Yahoodi organisations k sath kuch naya nahi hai ... lakin poorani baat aik ya bhe hai k kuch prove nahi keya ja sakey ga ...

@Bombaybuz

اِس لاء سوٹ کا فائدہ کیا ہو سکتا ہے؟
کِن کو ہو سکتا ہے؟
اگر کوئی فائد یا نُقصان ہوگا تو کِسکو؟
جِنہوں نے آئی پی او خریدا یا جِنہوں نے اوپن مارکیٹ سے شئیر خریدے؟
اگر رہنُمائی کر سکیں تو شُکریہ!۔