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Nasdaq agrees $26.5m settlement over botched Facebook IPO

Nasdaq has agreed to pay $26.5 million to settle a class action lawsuit over the technical glitches that marred the IPO of Facebook in 2012.
Finextra 1 day ago

News article

Nasdaq to settle Facebook IPO lawsuit for $26.5 million


Zee News 2 days agoAlso reported by •Reuters IndiaFirstpost

Videos for "Facebook Ipo"

News video: Prepare For Liftoff: Alibaba Is The 'anti-Facebook' IPO

Prepare For Liftoff: Alibaba Is The 'anti-Facebook' IPO 01:03

The Alibaba IPO is going to be huge -- in case you hadn't already heard. But for all the focus on how this is likely to be the biggest public offering in history, there's very little chatter about the..
Source: wochit - on September 19, 2014

News video: Prepare For Liftoff: Alibaba Is The 'Anti-Facebook' IPO

Prepare For Liftoff: Alibaba Is The 'Anti-Facebook' IPO 01:03

The Alibaba IPO is going to be huge -- in case you hadn't already heard. But for all the focus on how this is likely to be the biggest public offering in history, there's very little chatter about the..
Source: Wochit Business - on September 18, 2014

News video: SEC Drops Probe into Facebook IPO, and More

SEC Drops Probe into Facebook IPO, and More 01:46

What’s News: The Securities and Exchange Commission dropped its investigation into disclosures prior to Facebook’s IPO in 2012. Former Bear Stearns CEO Alan “Ace” Greenberg has died...
Source: Wall Street Journal Live - on July 25, 2014

News video: SEC Drops Probe Into Facebook IPO, and More

SEC Drops Probe Into Facebook IPO, and More 01:45

What’s News: The Securities and Exchange Commission dropped its investigation into disclosures prior to Facebook’s IPO in 2012. Former Bear Stearns CEO Alan 'Ace' Greenberg has died. Speculation..
Source: WSJLive - on July 25, 2014

 
News article

Nasdaq sets aside $31 million for ongoing Facebook IPO claims | Reuters

NEW YORK (Reuters) - Nasdaq OMX Group said on Thursday it set aside $31 million for ongoing litigation arising from the bungled $16 billion initial public offering of Facebook Inc on its U.S. stock..
Firstpost 2 days agoAlso reported by •Reuters IndiaBusiness InsiderReutersSify
News article

Nasdaq sets aside $31m to compensate investors in botched $16bn Facebook IPO

Facebook's share price tumbled by more than 50pc in the months following its flotation on the Nasdaq in May 2012.
Telegraph.co.uk 2 days ago

News article

Entwistle & Cappucci LLP, Finkelstein Thompson LLP, and Lovell Stewart Halebian Jacobson LLP Announce Settlement of Class Claims Against NASDAQ on Facebook IPO

NEW YORK--(BUSINESS WIRE)--Plaintiffs’ Lead Counsel Announce Settlement of Class Claims Against NASDAQ on Facebook IPO
Business Wire 2 days ago

News article

Nasdaq Reports Strong First Quarter 2015 Financial Results

· First quarter 2015 non-GAAP diluted EPS of $0.80, the company's second-highest non-GAAP: operating income, net income and diluted EPS. First quarter 2015 GAAP diluted EPS was $0.05. · The Board..
GlobeNewswire 2 days ago

News article

One Year Ago, These Bonds Were Eight Times Oversubscribed

one year ago, these bonds were eight times oversubscribedAlmost exactly one year ago, Greece returned "triumphally" to the bond markets when it issued its first 5 Year bond post-bailout at the lowest yield since 2009. This was trumpeted by business media..
Zero Hedge 4 days ago

News article

Welcome to year 11 of people worrying about a tech bubble

welcome to year 11 of people worrying about a tech bubbleIt's time to kick off another round of worrying about the tech bubble. According to the New York Times, there was a "sense of foreboding" hanging over a panel discussion about venture capital at..
Business Insider on February 4, 2015
News article

Taking Your Startup Public Is Fraught With Negatives

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Today the rate of startups going public (IPO - Initial Public Offering) is up from the dead zone,..
Huffington Post on February 1, 2015

News article

Man ‘sold’ Facebook IPO shares, gets 46 months in the federal slammer

man ‘sold’ facebook ipo shares, gets 46 months in the federal slammerFred Todd and to co-conspirators bilked their victims out of millions of dollars by promising early access to Facebook IPO shares. Now they're all going to prison.
VentureBeat on January 22, 2015Also reported by •ajc.com
News article

Lawyer who sold fake shares in Facebook IPO gets 46 months in prison

Lawyer who sold fake shares in Facebook IPO gets 46 months in prison
ajc.com on January 21, 2015

News article

The Annihilation Of The Middle Class: The Beginning Of The End For Modern America

the annihilation of the middle class: the beginning of the end for modern americaSubmitted by Daniel Drew via Dark-Bid.com, "America’s like a beacon in the world. But I feel like I’m watching it go down the toilet in front of my eyes. I’m fairly certain that this..
Zero Hedge on December 31, 2014

News article

United States: Second Circuit Extends Scope Of Federal Jurisdiction In Litigation Arising From The Facebook IPO - Proskauer Rose LLP

In a recent case arising from the Facebook IPO, NASDAQ OMX Group v. UBS Securities, LLC, No. 13-Civ. 2657 (2d Cir. October 31, 2014), ..
Mondaq on November 18, 2014

News article

Look At All The Fancy Cars Parked Outside Facebook's HQ In California (FB)

look at all the fancy cars parked outside facebook's hq in california (fb)Business Insider recently visited Facebook's HQ in Menlo Park, California, where we had a great time. Facebook has a staff of about 7,000, and although they are not all at the Menlo Park location, the..
Business Insider on November 10, 2014

News article

UBS cannot arbitrate vs Nasdaq over Facebook IPO-court

NEW YORK (Reuters) - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of..
Reuters India on October 31, 2014


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