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KM Financial Solutions | UPDATE 1-Facebook is sued after stock plunge ‘shocked’ market
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UPDATE 1-Facebook is sued after stock plunge ‘shocked’ market

26 Jul UPDATE 1-Facebook is sued after stock plunge ‘shocked’ market

Posted at 21:43h in News by
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Facebook Inc and its
chief executive Mark Zuckerberg were sued on Friday in what
could be the first of many lawsuits over a disappointing
earnings announcement by the social media company that wiped out
about $120 billion of shareholder wealth.

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