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 don't 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 show there was a material omission or misrepresentation of facts in that registration statement, t...
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