Facebook Ipo Flop Drawing Increased Scrutiny

Regulators wonder whether Wall Street insiders heard data the public did not before stock trading began.As Facebook shares continued their slide, regulators launched inquiries into whether privileged Wall Street insiders were alerted to the company's weakening financial projections, leading them to shun the stock or dump shares just as buying was opened to the public.

Topics:  facebook   wall street   regulators   public   insiders   shares   stock   
BING NEWS:
  • Facebook CEO says IPO made company stronger
    The remarks came just a few hours after Facebook’s stock hit its highest price since the IPO, which had been widely panned as a monumental flop until investors recently ... smaller company than Facebook — has increased by more than fivefold since ...
    09/12/2013 - 3:17 am | View Link
  • Facebook (FB) Stock Flop: What it Means For Other Stocks and IPOs
    Facebook was characterized as a “flop” in a New ... indicated that “would-be [IPO] issuers are taking a second look at what they are getting into.” Not only are these companies preparing themselves to deal with increased regulation (reporting ...
    05/30/2012 - 1:00 pm | View Link
  • Congressional committees looking into Facebook IPO problems
    The Senate Banking Committee and House Financial Services Committee are both conducting preliminary inquiries, though neither has started a formal investigation or set hearings to specifically address concerns raised about the IPO, the aides said.
    05/23/2012 - 10:49 am | View Link
  • Morning Links: Facebook Shows Lack of Trust On Wall Street
    Fortune Facebook IPO flop drawing increased scrutiny — LA Times Zuckerberg bombshell: Did Facebook bankers secretly slash forecasts before IPO? — The Daily Beast The Facebook Face-Plant: “Nobody put a gun to their heads” — Jeff Matthews Drachma ...
    05/23/2012 - 1:59 am | View Link
  • Facebook IPO Leads To Stock Collapse, Legal Headaches: Seven And A Half Things To Know
    After the debacle of the Facebook IPO, its stock price keeps falling, and the recriminations have begun. Thing One: Welcome To Facebook's Nightmare: The Facebook IPO has quickly turned from a mild embarrassment into a five-alarm nightmare. While hundreds ...
    05/23/2012 - 12:37 am | View Link
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    04/18/2014 - 2:32 am | View Website
  • FB: Summary for Facebook, Inc.- Yahoo! Finance
    View the basic FB stock chart on Yahoo! Finance. Change the date range, chart type and compare Facebook, Inc. against other companies.
    04/18/2014 - 1:28 am | View Website
  • Facebook
    Facebook is a social utility that connects people with friends and others who work, study and live around them. People use Facebook to keep up with friends, upload an ...
    04/17/2014 - 10:22 pm | View Website
  • Facebook Inc: NASDAQ:FB quotes & news
    Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. People use Facebook to stay connected with their ...
    04/17/2014 - 4:09 pm | View Website
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