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NASDAQ considers compensation for Facebook glitch
Jun 6, 2012
Published reports today suggest NASDAQ is working on a plan to compensate brokerages that lost perhaps $100 million when software fouled up the start of trading in Facebook's IPO last month.
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Nasdaq to compensate Facebook investors
Jun 5, 2012
It says there was a 30-minute glitch at the Facebook open a few weeks ago. Losses are estimated to be near $100 million.
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Companies delay IPO due to Facebook, Euro crisis
Jun 1, 2012
Yesterday discount travel website Kayak announced it’s putting off going public. In the UK, luxury jeweler Graff Diamonds has made a similar move, and today Formula One announced it’s shelving its IPO.
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Investors beware: IPOs are a big boy's game
Jun 1, 2012
In the wake of Facebook's IPO, senior business correspondent Bob Moon explains why individual investors are at a sharp disadvantage.
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Low U.S. employment growth and the tech sector slows
May 25, 2012
Some point to the Facebook stock flop as sign of a slowing tech sector. Meanwhile, employment growth for unskilled workers in the U.S. remains stalled.
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Facebook investors seek compensation
May 25, 2012
A week on, Facebook is grappling with small investors who want compensation for losses due to Nasdaq’s technical snags.
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Will Facebook switch from NASDAQ to NYSE?
May 24, 2012
After technical snafus on the NASDAQ market interfered with the launch of Facebook stock, there are reports the New York Stock Exhange reached out to Facebook to pick up their business.
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Shareholders sue Facebook and banks over IPO
May 23, 2012
On the fourth day of Facebook public trading, shareholders sued the company, Mark Zuckerberg, as well as several banks that underwrote the deal.
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Lawsuit claims Facebook hid revenue forecast reduction
May 23, 2012
The shareholder lawsuit against Facebook and its banking partners argues they made a "severe and pronounced reduction" to the company's revenue projects days before the initial offering but hid it from the public.
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Facebook: Part of the insider's financial club?
May 23, 2012
What did the Morgan Stanley know about Facebook, when did it know, and who did it tell? Shareholders prepare to sue the bank and Facebook over how the public offering of stock was handled.
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