As the election results for 2012 roll in, this is your spot for live updates on the outcome of the presidential race, congressional contests and news from across the country as it happens.
LIVE ELECTION RESULTS
OBAMA LEADING
OBAMA WON
ROMNEY LEADING
ROMNEY WON
Battleground States
Popular Vote
33 out of 100 seats are up for election. 51 are needed for a majority.
DEMOCRAT LEADING
DEMOCRAT WON
HOLDOVER
REPUBLICAN LEADING
REPUBLICAN WON
* Includes two independent senators expected to caucus with the Democrats: Angus King (Maine) and Sen. Bernie Sanders (Vt.).
All 435 seats are up for election. 218 are needed for a majority.
DEMOCRAT LEADING
DEMOCRAT WON
REPUBLICAN LEADING
REPUBLICAN WON
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A new lawsuit claims Mark Zuckerberg pulled a billion dollar fast one on Facebookinvestors.
The class action lawsuit -- filed by disgruntled Facebook shareholders -- claims the 28-year-old CEO had inside info that the stock was grossly overvalued, and he protected his own financial hide by quickly unloading a ton of Facebook stock.
Mark Zuckerberg
This is the second time in two weeks a group of FB shareholders have joined together to accuse the mogul of withholding information.
The lawsuit claims Zuckerberg and his cronies hid the fact that there was a foundational flaw in the Facebookbusiness model -- that there was not nearly enough advertising revenue to support a stock valued at $38 a share.
The lawsuit claims Morgan Stanley, JPMorgan, and Goldman Sachs -- all sounded the alarm before the IPO that Facebook was seriously overvalued, but that information was "selectively disclosed" to the largest investors.
Then again, hasn't Mark suffered enough. He's only worth around $15 billion.
The class action lawsuit -- filed by disgruntled Facebook shareholders -- claims the 28-year-old CEO had inside info that the stock was grossly overvalued, and he protected his own financial hide by quickly unloading a ton of Facebook stock.
Mark Zuckerberg
This is the second time in two weeks a group of FB shareholders have joined together to accuse the mogul of withholding information.
The lawsuit claims Zuckerberg and his cronies hid the fact that there was a foundational flaw in the Facebookbusiness model -- that there was not nearly enough advertising revenue to support a stock valued at $38 a share.
The lawsuit claims Morgan Stanley, JPMorgan, and Goldman Sachs -- all sounded the alarm before the IPO that Facebook was seriously overvalued, but that information was "selectively disclosed" to the largest investors.
Then again, hasn't Mark suffered enough. He's only worth around $15 billion.