Facebook lawsuit

• (Reuters) - Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking companys weakened growth forecasts ahead of its $16 billion initial public offering.
(msnbc.com)
• SAN FRANCISCO (MarketWatch) — Shares of Facebook Inc. notched their first notable gains on Wednesday morning following the social network's messy debut last week. In early trading, Facebook (NASDAQ:FB)  shares were up more than 2.6% at $31.84.
(Marketwatch)
• Larry Yu, a spokesman for Facebook, declined to comment.
(Bloomberg)
• This story comes from the Yahoo! Contributor Network, where individuals publish their unique perspectives on some of the world's most popular websites.
(YAHOO!)
• Facebook and its underwriters came under broad legal attack Wednesday as lawyers and investors filed lawsuits over Facebook's controversy-marred initial public offering.
(Raw Story)
• Facebook Inc.s stock is up $1.03, or 3.3 percent, to $32.03. Thats still nearly 16 percent below the initial public offering price of $38.
(Yahoo Finance)
• PHILADELPHIA, May 23, 2012 (GLOBE NEWSWIRE) -- Law Offices Bernard M. Gross, P.C.
(FB - Yahoo Finance)
• NEW YORK, May 23 (UPI) -- Three Facebook investors have filed a civil lawsuit in New York federal court alleging the company and its underwriters failed to disclose forecast changes.
(United Press International)
• Facebook shares rebounded 3.23%, on Wednesday, finishing the day at $32 after dropping over 30% from its $45 opening day high. Wednesday's 3.
(Examiner)
• (CNET) Facebook has settled a lawsuit over its sponsored stories feature, in which plaintiffs claimed the social network violated users right to privacy by publicizing their likes in advertisements without asking them or compensating them.
(CBS News)