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Thomas J. Henry Injury Attorneys Investigating Facebook IPOCorpus Christi, TX, Jun 04, 2012 (PRWeb.com via COMTEX) -- Thomas J. Henry Injury Attorneys announced that they are currently investigating the events leading up to the IPO of Facebook and are working with shareholders who purchased stock on May 18. "If any investors, big or small, were affected by the stock offering, they should contact an attorney to determine their rights," said Thomas J. Henry. "We have been getting calls and e-mails from people all over the country... A lot of people were hurt by the IPO. We currently represent a number of people involved in this situation." The SEC is reviewing Nasdaq's handling of the initial public offering, which was marred by technical glitches that may have heavily cost investors, according to a Reuters report. In addition, shareholders are suing Facebook, its CEO Mark Zuckerberg, and the underwriters, alleging that the defendants concealed a severe reduction in revenue forecasts by only telling a few preferred investors, Reuters reported, referring to Civil Action No. 12CV4081 in the United States District Court Southern District of New York. Thomas J. Henry Injury Attorneys are now reviewing these allegations. "Whether you spent hundreds, thousands, or millions of dollars on Facebook stock, you should know your rights," Henry said. Thomas J. Henry Injury Attorneys have been helping clients recover losses for more than 22 years. Their securities and shareholder litigation division is committed to helping clients who have fallen victim to investor fraud and other securities violations. # # # Read the full story at http://www.prweb.com/releases/2012/6/prweb9572268.htm PRWeb.com |