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:
  • 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
  • Widow sues Morgan Stanley for $1.9m as she blames bank for losing her life savings in Facebook IPO
    A top investment bank is embroiled in a legal battle after being sued by an investor ... and confusion. The IPO also became mired in controversy as shareholders, in more than a dozen lawsuits, accused Facebook and its underwriters of obscuring the ...
    11/8/2012 - 9:53 am | View Link
  • IPO Quiet Time: Banks Can't Let Go

    WSJ on Facebook


    08/21/2012 - 2:36 pm | 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
  • Facebook's botched IPO holds lessons
    It's been just over a week since Facebook went public, and while the IPO made CEO Mark Zuckerberg and ... and some shareholders have sued Facebook and Morgan Stanley. "The main underwriters in the middle of the road show reduced their estimates and didn ...
    05/25/2012 - 7:44 am | View Link
  • More
BING SEARCH:
  • Tech
    German photo-sharing app EyeEm has raised $18 million in funding in a round led by Valar Ventures. It's going to use the money to expand the business in ...
    04/19/2015 - 3:46 am | 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.
    04/19/2015 - 2:49 am | View Website
  • Business
    Most Shared. 1. Do Smart People Worry More? 2. Forget Steak and Seafood: Here’s How Welfare Recipients Actually Spend Their Money; 3. The New Trailer for Star Wars ...
    04/19/2015 - 12:12 am | View Website
  • Business Technology News and Commentary
    Microsoft and Yahoo renew their 2009 partnership to enhance the search experience across platforms and boost value for advertisers.
    04/18/2015 - 11:29 pm | View Website
  • Facebook
    With more than 1 billion users, Facebook is the world’s largest social network. Founder Mark Zuckerberg started Facebook in 2004 while he was an ...
    04/18/2015 - 11:14 pm | 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