Mark Zuckerberg faces a new Facebook lawsuit by a shareholder Monday regarding the company's botched initial public offering.

The lawsuit by Gaye Jones alleges that Facebook CEO Zuckerberg and officials intentionally withheld revenue information ahead of the company's stock went public.

Jones claims that Zuckerberg and company's directors did not disclose information investors needed to make informed decisions.

The suit intends to force the directors and other defendants to pay the money they made from selling stock through the IPO which they allegedly knew was overpriced.

"The defendants were unjustly enriched because they realized enormous profits and financial benefits from the IPO, despite knowing that reduced revenue and earnings forecasts for the company had not been publicly disclosed to investors," the complaint said, according to Reuters.

The social media giant became involved in extensive legal battles after the company's May IPO of $16 billion, the initial share price of $38 dropped to about $25 within a month.

The lawsuits of 42 cases filed against Facebook were consolidated by U.S. District Judge Robert Sweet and dismissed a group of the suits. As the judge stated Facebook had no obligation to release its revenue growth forecasts to the plaintiffs that did not own the stock at the time the alleged information withholding took place.

However for Jones' suit it's is that he owned the stock since February 12, the initial public offering was in May 2012.

Facebook maintained that it's innocent of any wrongdoing as a spokesperson said, "We believe this lawsuit is without merit and will defend ourselves vigorously," according to CNET.