Business Notes | Facebook, Underwriters Sued By Ipo Investors

Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. were sued along with other underwriters and Facebook Inc. by investors who claimed they were misled in the purchase of the social network firm's stock.

BING NEWS:
  • Alexander Vik: The Untold Story of His Business Deals
    “In business, ‘brand’ is very much in vogue,” Vik notes below it, “and Harvard has the greatest ... As the closed-end-fund bubble deflated, minority shareholders sued in 1989 for not fully disclosing the connection between Vik and other financial ...
    03/26/2014 - 1:00 pm | View Link
  • Citigroup fires 2 after Facebook disclosures elicit $2 million fine
    Citigroup was one of the underwriters of the Facebook IPO ... “My boss would eat me alive.” Facebook’s IPO became controversial after it was sued by investors who alleged that the social-media site did not disclose enough information on the state ...
    10/28/2012 - 5:32 pm | View Link
  • Unfriendly Fire: Shareholders Sue Facebook, Morgan Stanley
    Facebook ... underwriters alleging violations of securities laws. Nasdaq OMX Group (NDAQ) was also sued on Tuesday over trading glitches that impacted the Facebook IPO, which raised $16 billion on Friday. According to a Reuters report on Tuesday, Morgan ...
    05/23/2012 - 3:37 am | View Link
  • The Morning Download: Facebook Flop May Alter Business Social Plans
    IT consultant Stephen Arnold tells CIO Journal that there will be a “lowering of expectations” for social media following the Facebook IPO. “There was this idea ... priced the stock too richly. “The underwriters completely screwed this up ...
    05/21/2012 - 7:31 pm | View Link
  • MF Global creditors to seek ways to recover
    An MF Global Holdings investor, Joseph DeAngelis, sued Mr. Corzine and the company's board for ... I think people are seeing parallels,” Mr. Starke said. Lawsuits against underwriters of Refco's IPO also succeeded, with securities units of Bank of ...
    11/7/2011 - 2:39 am | View Link
  • More
BING SEARCH:
  • Initial public offering of Facebook
    The social networking company Facebook held its initial public offering (IPO) on Friday, May 18, 2012. The IPO was the biggest in technology and one of the biggest in ...
    12/21/2014 - 9:50 pm | View Website
  • Business Technology News and Commentary
    Join us for a roundup of the top stories on InformationWeek.com for the week of December 14, 2014. Be here for the show and for the incredible Friday Afternoon ...
    12/21/2014 - 11:48 am | View Website
  • Breaking Business News
    Breaking business news from the Chicago Tribune ... Small retailers' big ideas try to cater to holiday shoppers. Timeless Toys, a 20-year-old toy store in Lincoln ...
    12/21/2014 - 10:51 am | View Website
  • Technology and Science News
    News stories along with podcasts, video and blogs. USA.
    12/21/2014 - 8:21 am | View Website
  • Tech
    How Social Networks Are Driving More Sales And Influencing Online And Offline Purchases
    12/21/2014 - 7:59 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News