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west.m (CC BY 2.0)

Facebook Shares Slip Below $30 Amid Probe of IPO

Days after a law firm launched a class-action lawsuit on behalf of investors against Facebook and its bankers, alleging that certain investors were given preferential treatment, Facebook’s shares dipped during Tuesday’s trading to near $29, more than 20% under its IPO price.

Posted on May 29, 2012 READ MORE


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