Detailed text transcripts for TV channel - MSNBC - 20120524:15:30:00
>> they are saying they did nothing illegal, certain people would look at that, and say this game is rigged. >> i dont know facebook would acknowledge that actually happened. that has been reported in a couple sources an who knows what the truth is, that is one of the facts that will be hotly litigated at trial. what is interesting the plaintiffs are suing under a section of the securities laws that permit plaintiffs to recover even without showing that facebook intentionally misled. if they can...
Securities Laws Permit Plaintiffs Material Omission Registration Statement Dan Ackerman Business Model
Source: news source