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:
  • Facebook Sets Its Sights on Advertisers
    On May 17, the day before its stock imploded, Facebook ... as 32 percent from its IPO price of $38 the day before. The following week, investors sued Facebook, along with Morgan Stanley, Goldman Sachs, JPMorgan Chase, and other underwriters, claiming ...
    06/20/2015 - 8:26 am | View Link
  • Dell Board Can’t Get Into Specifics, But Just Trust Them When They Say: Sell!
    it would get horribly, horribly sued ... an IPO prospectus. Which is why their underwriters kiiiiiiind of do it for them, via research notes with earnings estimates based on meetings with the company. One thing leads to another and you get the Facebook ...
    02/19/2013 - 1:52 am | View Link
  • Biz Break: Facebook investigation, lawsuit show fruit; Apple falls, rebounds; Netflix jumps on Microsoft buyout rumors
    Investigations into other underwriters ... lawsuit that began long before Facebook's IPO reached a dramatic seeming conclusion Friday, as federal authorities arrested Paul Ceglia and charged him with fraud. Ceglia had sued Facebook co-founder and CEO ...
    10/27/2012 - 9:30 am | View Link
  • After the IPO: Facebook shops while stock drops
    I think we can safely say the Facebook IPO didn't exactly ... information with its underwriters that it didn't bother to tell the rest of the world, causing them to short the stock ahead of trading. Now Facebook is being sued by investors who missed ...
    05/30/2012 - 5:58 am | View Link
  • Unfriendly Fire: Shareholders Sue Facebook, Morgan Stanley
    co-founder and CEO Mark Zuckerberg and 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 ...
    05/23/2012 - 3:37 am | View Link
  • More
BING SEARCH:
  • Breaking Business News
    Breaking business news from the Chicago Tribune ... Chicago extends taxing power to online movies, music, more. Chicagoans who pay to stream movies and music from ...
    07/3/2015 - 8:40 pm | View Website
  • Bloomberg
    The daily online Bloomberg report gives you the latest headlines from around the world, current market data annd personal finance advice, politics and top videos.
    07/3/2015 - 6:09 pm | View Website
  • Registration Statement on Form S-1
    Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this Registration Statement.
    07/3/2015 - 2:20 pm | View Website
  • unionleader.com
    For breaking news and information on crime, politics, business, sports, weather and opinion from the New Hampshire Union Leader.
    07/3/2015 - 12:19 pm | View Website
  • Valleywag
    Love Facebook or hate Facebook, you’ve got to respect the company’s commitment to inspiring everyone else in America to do worse. » 6/26/15 11:00am Friday 11:00am
    07/3/2015 - 3:29 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