Facebook roundup: IPO lawsuits, executive departure, Help Center, China and more
IPO lawsuits to be combined and heard in NY – Dozens of lawsuits against Facebook, the NASDAQ exchange and IPO underwriters will be combined and heard by a federal judge in New York. Federal judges on Thursday ordered that the IPO-related cases be transferred to Manhattan. Some plaintiffs wanted to keep their cases in California, but Facebook requested the transfer, Reuters reports.
Facebook global communications VP to step down – Facebook Vice President of Global Communications Joe Lockhart is leaving the company after 15 months, AllThingsD reports. Lockhart
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