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The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Securities Laws Violations Relating to the Facebo


//science-technology.news-articles.net/content/2 .. ties-laws-violations-relating-to-the-facebo.html
Published in Science and Technology on Tuesday, May 22nd 2012 at 14:56 GMT by Market Wire   Print publication without navigation


NEW YORK--([ ])--Levi & Korsinsky is investigating potential claims on behalf of purchasers of Facebook Inc. (aFacebooka or the aCompanya) (Nasdaq: FB) securities concerning possible violations of federal securities laws.

For more information, click here: [ http://zlk.9nl.com/facebook-fb ].

On May 22, 2012, reports surfaced indicating that analysts for at least two of Facebook's lead underwriters revised downward their financial forecasts for the company while it was holding IPO "road-show" meetings with investors. These reports also suggest that the revised figures were only passed along to some investors who were therefore able to make profits by selling their IPO shares Friday while shares were on the rise. The reports further indicate that the chairman of the Financial Industry Regulatory Authority said regulators plan to review allegations that such information was shared only with certain investors.

If you own Facebook stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit [ http://zlk.9nl.com/facebook-fb ].

Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


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