The Facebook IPO continues to be one of the biggest Wall Street disasters in history, and it’s only getting worse.  Investors have now filed a lawsuit against Mark Zuckerberg himself. The class action lawsuit, filed by disgruntled Facebook shareholders, alleges that the 28-year-old CEO knew that his company’s stock was grossly overvalued, and that he [...]

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Here are your top stories for this Thursday morning, April 5, 2012: – Experts assessing Texas tornado damage – Romney says Obama distorting GOP budget priorities – Obama signs STOCK Act insider trading ban – William and Kate in wax Related articles Obama Signs STOCK Act Banning Insider Trading Among Lawmakers (VIDEO)(blippitt.com)

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Today, President Barack Obama called for tighter controls on lawmakers in order to confront “the corrosive influence” of money and corporations in Washington D.C. as he signed into law an insider trading ban necessary to restore trust in the U.S. government. Obama said the STOCK Act made it clear that members of Congress who might [...]

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