Facebook settles class action lawsuit over its IPO for $35M (Jonathan Stempel/Reuters)

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Jonathan Stempel / Reuters:
Facebook settles class action lawsuit over its IPO for $35M  —  (Reuters) - Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company's growth prior to its May 2012 initial public offering.