Pennsylvania-based law firm Kessler Topaz Meltzer & Check, LLP on Friday filed a class action lawsuit against Facebook regarding the handling of its initial public offering, … ...

The lawsuit was first filed in May 2014, just months after Facebook acquired Oculus in a deal that at the time was reported to be worth $2 billion and signified the social network's entry into VR.

The Facebook lawsuit was one of two securities cases the Supreme Court is considering this term. In the other, the chipmaker and world’s most valuable company, Nvidia, ...