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US Congress To Review Facebook IPO
The US Congress has entered the investigation into the issues surrounding Facebook's listing, less than a week since the company's debut on the stock market.Both houses of Congress - the Senate and the ...
Read more...Facebook Founder And Banks Sued Over Float
Facebook has said it will defend itself "vigorously" against claims it hid the its weakened growth forecasts ahead of its $16bn (£10bn) initial public offering (IPO).
Read more...UPDATE 3-Facebook, banks sued over pre-IPO analyst calls
* Investors complain about selective disclosure * Analysts lowered forecasts during IPO marketing process * Facebook says lawsuit without merit (Adds professor and Bank of America comments, Morgan Stanleyreviewing ...
Read more...UPDATE 2-Facebook, banks sued over pre-IPO analyst calls
* Investors complain about selective disclosure * Analysts lowered forecasts during IPO marketing process * Facebook says lawsuit without merit (Adds details, updated Facebook comment, other comments,bylines) ...
Read more...Shareholders sue over Facebook IPO
Facebook and banks including Morgan Stanley are being sued by the social networking leader's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16 billion initial public offering.
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