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Thursday, July 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Facebook Class Action

Mark Zuckerberg and other Facebook directors lied about the effect of miscalculated ad revenues, knocking $4 billion off the company’s market cap this month, shareholders claim in a federal class action.

LAS VEGAS – Mark Zuckerberg and other Facebook directors lied about the effect of miscalculated ad revenues, knocking $4 billion off the company’s market cap this month, shareholders claim in a federal class action.

Categories / Business, Securities

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