FFN STOCK (AFF) Crashes to 1.47 a share + A Securities Class Action Lawsuit filed.

[RawAlex]

Went on vacation, came back to find FFN sitting at 0.9199 - plus this:

http://www.cnbc.com/id/45517657

Law Offices of Howard G. Smith announces that it is investigating potential claims against FriendFinder Networks, Inc. ("FFN" or the "Company") (NASDAQ:FFN) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company in connection with its May 11, 2011 public offering of common stock (the "May Offering") regarding FFN's business and operations were false and misleading.

Can you smell it?

[will76]

Originally Posted by RawAlex

Went on vacation, came back to find FFN sitting at 0.9199 - plus this:

http://www.cnbc.com/id/45517657



Can you smell it?

down to .68 cents a share now... another couple weeks and the delisting process will be started. Poor Mark Bell bought in a ton of shares when it was at $2.50 a share...

Wonder how many "playas" from GFY bought in at the IPO