March 24, 2015
Some of the plaintiffs in a multidistrict litigation accusing Facebook Inc. and its underwriters of securities violations related to the social networking giant's historic $16 billion initial public offering on Monday said the lead plaintiffs aren't pursuing their claims, and asked to get out of the case.
September 04, 2014
A New York federal judge on Thursday told a Facebook Inc. shareholder he wouldn't reconsider his dismissal of an insider trading suit against Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley & Co. over Facebook's initial public offering, saying he hadn't overlooked any material issues in his ruling.
May 16, 2014
A Facebook Inc. shareholder asked a New York federal judge Friday to reconsider his dismissal of an insider trading suit against Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley & Co. over Facebook's initial public offering, arguing the judge had misinterpreted key facts in the case.