Facebook and Mark Zuckerberg accused of misleading investors

http://www.guardian.co.uk/technology/2012/may/23/facebook-mark-zuckerberg-ipo

Facebook, Morgan Stanley and some of the biggest names in Silicon Valley are being pursued over the social network's disastrous share sale by the law firm that won a $7bn settlement for Enron's shareholders.

Robbins Geller is co-ordinating a class action lawsuit alleging that Facebook and its bankers misled investors about the true state of their business while informing a handful of privileged clients about the company's true prospects.