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   
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  • Facebook IPO flop drawing increased scrutiny
    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 ...
    05/22/2012 - 4:49 pm | View Link
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    Mir told The Express Tribune that their opposition to the website would continue. “First, it is almost Eid Miladun Nabi. Secondly, Facebook is about to launch its initial public offering (IPO) soon and we want to send them a message, that we will be ...
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