Facebook Says Lack Of Investor Docs Imperils IPO Class Cert.

By Joyce Hanson (May 10, 2016, 6:39 PM EDT) -- Facebook Inc. told a New York federal judge Tuesday that the investors suing the social media giant over its $16 billion initial public offering have cobbled together an unmanageable class action that relies on subjective information from each of its members and is further weakened by the investors' inability to provide unnamed class members' documents....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!