Facebook, Zuck Sued By “Shocked” Shareholders As “The Truth” Emerges | Zero Hedge

Following a disappointing earnings announcement that wiped out about $120 billion of shareholder wealth, Facebook, its CEO and CFO, are being sued by a shareholder potentially opening the floodgates for sore-losing stock market gamblers the world over.

“As a result of Defendants’ wrongful acts and omissions, and the precipitous decline in the market value of the Company’s common shares, Plaintiff and other Class members have suffered significant losses and damages”

Who could have seen that coming?

via Facebook, Zuck Sued By “Shocked” Shareholders As “The Truth” Emerges | Zero Hedge