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Admorgan stanley accused setting the ipo price too high and selling too many shares while hiding information from the public that facebook s business was not as strong as they expected. twists and turns to this story. shibani joshi following this from fox business. shibani? reporter: welcome to life in the big leagues. four days as public company and facebook has seen its wild shares of stock swings and sec and finra also saying within the last 24 hours they will institute regulatory review over the whole ipo process at facebook. and now a class-action lawsuit. shareholders turning against the social media company and top investors including facebook s mark zuckerberg, the company s cfo, a handful of inside investors including peter teal and others. morgan stanley and gold man saks say all the entities hid these with ahead of ipo ....
i did. welcome to american morning. first, let s get started. could be a tipping point in the wall street movement. patience with the protests wearing thin and more and more cities grown tired of the headaches associated with the protests. in portland, oregon, a standoff on the city streets overnight. more than a dozen arrested as police cleared the city parks of makeshift camps. the mayor of portland telling cnn the every campments are now public health hazards. and two policemen arrested when police tried to remove furniture and tents set up in a park. and in philadelphia, the city s mayor telling reporters what started out as a peaceful protest is now threatening public safety. occupy philly has changed. we re seeing serious health and safety issues playing out on almost a daily basis. occupy philly is fractured with internal disagreement and disputes. the people of occupy philly have also changed, and their intentions have changed. and all of this is not g ....