Town Square

Post a New Topic

Morgan Stanley settles claim over Facebook IPO

Original post made on Dec 27, 2012

One of the lead underwriters of Facebook's initial public offering (IPO) will pay $5 million in fines to settle the first regulatory action brought against Facebook financial backers who allegedly withheld information from public investors.

Read the full story here Web Link posted Thursday, December 27, 2012, 9:03 AM

Comments (1)

Posted by slap on the wrist
a resident of Atherton: other
on Dec 27, 2012 at 10:41 am

The fine is a slap on the wrist compared to the actual damages of the small time investors. One per centers win again.

Email Town Square Moderator      


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

On Wednesday, we'll be launching a new website. To prepare and make sure all our content is available on the new platform, commenting on stories and in TownSquare has been disabled. When the new site is online, past comments will be available to be seen and we'll reinstate the ability to comment. We appreciate your patience while we make this transition..

Stay informed.

Get the day's top headlines from Almanac Online sent to your inbox in the Express newsletter.

Most Viewed Stories

See today's stories