The Facebook IPO was supposed to be one of the biggest debuts of the new century, setting up the world’s largest social network to be a $100 billion public company. While Facebook was briefly valued over the $100 billion mark, a series of stumbles led to the stock’s plunge from its initial price point of $38 per share to nearly half that amount today. Technical glitches at Nasdaq delayed trading of the stock during its debut, which Facebook claims shook confidence in the stock; Nasdaq later offered brokers $40 million in compensation for losses attributed to the delay. But the stock was clearly priced too high on the encouragement of Facebook CFO David Ebersman. To make matters worse, there are several lawsuits making their way through the courts that allege that the underwriters of the offering selectively informed investors that they were cutting the earnings forecast for the firm before the stock debuted.