Facebook has updated its S-1 filing with the Securities and Exchange Commission to reflect the latest lawsuit that it is facing against Yahoo. The company is required to disclose any and all issues that could materially impact its ability to make money and to operate, and apparently Facebook’s lawyers thought this was included in that. The exact quote from the filing is, “If an unfavorable outcome were to occur in this litigation, the impact could be material to our business, financial condition, or results of operations.”

[Source: SEC]