Facebook stock climbs, but company faces lawsuits

Facebook made its eagerly-awaited debut on the stock market last week (not without a few hitches), a move that seemed to excite many people a great.Not only Facebook, its underwriters, led by Morgan Stanley and the Nasdaq stock exchange, are under investigation by government and industry regulator on how the IPO procedure was handled. Complaints have been filed against all of these parties,The Facebook stock price hasn't performed nearly as well as investors hoped –

Read more ...