Facebook shut down a page yesterday after receiving complaints from a New York school that it hosted multiple instances of cyber bullying.

The page, called “Nassau’s Nasty List” detailed sexual encounters of female students from several Long Island schools. School officials stumbled across the page, told the principal and called the police. Law enforcement turned the investigation over to the computer crimes unit, which is reviewing whether any charges can be pressed.

According to CBS New York, police said they are “looking to interview potential victims and said they may subpoena Facebook to find out who created the page.”

While school districts technically aren’t allowed to police students on activities they choose to do in their after-school hours, officials asked Facebook to remove the page due to the inappropriate nature of the content. People also claimed the Uniondale High School logo was used in violation of copyright laws, according to CBS.

Many schools around the nation are cracking down on cyber-bullying that takes place on the social network. In New Jersey, a school principal had sent a letter to parents asking them to remove their children from any social networking sites in April.

In Texas, U.S. Rep. Mark Strama lobbied for an anti-bullying bill that would mandate school districts notify parents immediately if their child is involved in a bullying incident (the bill includes activity on the Internet), and they would also have the jurisdiction to transfer said bullies to different schools to stop the harrassment.

Do you think Facebook is doing all it can to stop instances of cyber-bullying? What else can the social media site – and the community – do to police this problem?