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Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $1 Million Investing in Facebook, Inc. to Contact the Firm

NEW YORK May 23, 2012

May 16, 2012 May 18, 2012 $38 $16 billion

The investigation seeks to determine whether the Registration Statement provided to potential investors failed to disclose material information about Facebook’s business, operations and prospects, in violation of federal securities laws.  Specifically, whether certain of the Company’s executive officers and directors and the underwriters of the IPO failed to disclose that during the IPO roadshow, the lead underwriters cut their earnings forecasts, but only selectively disclosed the news of the estimate cut to certain preferred investors and not to the investing public.

May 18, 2012 Richard Gonnello Francis McConville [email protected] [email protected]

New York, NY
Richard Gonnello, Esq.
[email protected]
Francis McConville, Esq.
[email protected]

SOURCE Faruqi & Faruqi, LLP

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