* Defends "customary practices" on Wall Street
* Market value has fallen by a quarter since debut
* SEC warned Facebook on mobile - new filings
By Basil Katz and Edwin Chan
NEW YORK/SAN FRANCISCO, June 15 (Reuters) - Facebook Inc
, facing a raft of lawsuits from investors seeking to
recoup losses from its botched IPO, laid out on Friday how
cascading Nasdaq trading glitches might have stoked the
confusion that marred
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