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Facebook Says Lack Of Investor Docs Imperils IPO Class Cert.

By Joyce Hanson ( May 10, 2016, 6:39 PM EDT) -- Facebook Inc. told a New York federal judge Tuesday that the investors suing the social media giant over its $16 billion initial public offering have cobbled together an unmanageable class action that relies on subjective information from each of its members and is further weakened by the investors' inability to provide unnamed class members' documents....

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