Shareholders Sue Facebook, Nyse Comes Calling

Facebook Share Price

SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies."

Sections:  news   business   
RELATED ARTICLES
BING NEWS:
  • Commonwealth Bank shareholders sue over 'inadequate' disclosure of climate change risks
    Complainants Guy and Kim Abrahams, who bought CBA shares in the 1990s, made a decision to sue when the bank did not agree to name climate change as an investment risk in its annual reports. An Australian couple filed a climate lawsuit against one of the ...
    08/9/2017 - 12:04 am | View Link
  • Former Sprout shareholders sue Valeant over female libido drug marketing
    Little more than a year since Valeant Pharmaceuticals International, Inc. (NYSE: VRX) announced its acquisition of Raleigh-based Sprout Pharmaceuticals for $1 billion, former Sprout shareholders are suing Valeant over female libido drug Addyi. A complaint ...
    11/6/2016 - 2:06 pm | View Link
  • Angry Shareholders Sue Facebook, Puts Pressure on NYSE
    Facebook Inc’s questionable IPO is having its ripple effects. The crowning moment of the eight-year old company is rapidly turning into an anticlimax as evinced by a lawsuit filed on Wednesday seeking class-action status. The lawsuit, against Facebook ...
    05/24/2012 - 3:31 am | View Link
  • Shareholders sue Facebook, NYSE comes calling
    The fallout from Mark Zuckerberg's Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek remedies.
    05/24/2012 - 12:35 am | View Link
  • Facebook shareholders to sue
    The Nasdaq stock exchange also came under further pressure as a source close to the situation told Reuters that NYSE Euronext had opened discussions with Facebook about a potential stock listing there. Nasdaq also faces litigation from angry investors.
    05/23/2012 - 7:49 pm | View Link
  • More
BING SEARCH:
  • InformationWeek News Connects The Business Technology ...
    InformationWeek.com: News, analysis and research for business technology professionals, plus peer-to-peer knowledge sharing. Engage with our community.
    08/18/2017 - 4:24 pm | View Website
  • CMG Chipotle Mexican Grill, Inc. Stock Quote
    Aug-15-17 09:00PM : SHAREHODLER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Chipotle Mexican Grill, Inc. of Class Action Lawsuit ...
    08/17/2017 - 9:40 pm | View Website
  • NE Stock Price
    Noble Corp. PLC stock price, stock quotes and financial overviews from MarketWatch.
    08/16/2017 - 3:29 pm | View Website
  • WR Stock Price
    Westar Energy Inc. stock price, stock quotes and financial overviews from MarketWatch.
    08/16/2017 - 10:28 am | View Website
  • Techmeme
    The essential tech news of the moment. Technology's news site of record. Not for dummies.
    08/16/2017 - 10:14 am | View Website
  • More

Comment On This Story

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