Three investors sued Facebook and chief executive Mark Zuckerberg on Wednesday, along with lead underwriter Morgan Stanley and a host of other underwriters, accusing them of withholding negative information about the social network's initial public offering.
"It appears as though material information was not disclosed," said Robert Weiser, one of the plaintiff lawyers in the class action suit. "We believe that the offering was conducted unfairly and it harmed public stockholders."
Head of the International Atomic Energy (IAEA) says he's reached a tentative agreement with Iranian leaders to allow inspectors greater access to sites where the country could be doing nuclear testing. The deal is expected to be signed in a few days.
Meanwhile, Iranian state media is reporting that scientists have inserted a nuclear fuel rod into a reactor. FULL POST
We start our Outer Circle with Egypt. Egyptians go to the polls to vote for president, in the first democratic presidential elections in the country's history. Voting will last two days, with a likely run-off in mid June if no candidate gets more than fifty percent of the votes.
Ben Wedeman is in Cairo. We asked him what concerns are driving voters as they go to the polls?