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Old 05-29-2013, 10:20 PM
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NASDAQ Fined $10 Million For Botched Facebook IPO

Is that all? 10 million is chump change.

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To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s value tanked. Those same investors brought lawsuits against the NASDAQ and the SEC launched an investigation into the IPO. That investigation has now come to an end.

The Hill reports that the NASDAQ stock exchange has agreed to pay the..
Continued at: http://www.webpronews.com/nasdaq-fin...ok-ipo-2013-05
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