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Facebook shareholders sue social networking site

2012-08-22 0 Dailymotion

The social networking site Facebook is being sued by investors, along with the banks involved in taking the company public last week.<br /> <br />The stock price closed near $32 a share -- up slightly -- but still well below their initial offering price of $38.<br /> <br />Al Jazeera's Kristen Saloomey reports from New York.

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