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Facebook says SEC's IPO probe ends, extending WhatsApp closing date

Last Updated: Saturday, July 26, 2014, 12:29

Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering.

Nasdaq to compensate firms on Dec. 31 for botched Facebook IPO

Last Updated: Friday, December 27, 2013, 23:58

Nasdaq OMX Group Inc will compensate firms on December 31 for qualifying claims related to Facebook Inc`sbotched May 2012 initial public offering, the exchange operator said in a note to traders on Friday.

Facebook, Zuckerberg, banks must face lawsuit over IPO

Last Updated: Thursday, December 19, 2013, 00:05

In a decision made public on Wednesday, U.S. District Judge Robert Sweet in Manhattan said investors could pursue claims that Facebook omitted material information from its registration statement.

Nasdaq filed for $42mn stock loss from Facebook's disastrous 2012 IPO

Last Updated: Sunday, October 27, 2013, 20:01

The compensation plan administrated by Finra, is giving interested parties seven days to agree to the offer and 14 days to submit in writing that they will waive any additional lawsuits against Nasdaq.

Nasdaq says FINRA caps Facebook IPO claims at $41.6 million

Last Updated: Saturday, October 26, 2013, 10:37

The total value of the claims that market makers can recover after suffering losses due to Nasdaq OMX Group Inc`s botched handling of Facebook Inc`s initial public offering is USD 41.6 million, the exchange operator said Friday.

Defiant Twitter CEO fires back at `all-boys tech club` remark

Last Updated: Tuesday, October 08, 2013, 16:10

Twitter CEO Dick Costolo reportedly got in a `tweet-brawl` when Indian-American technology entrepreneur and academic at Stanford`s Rock Center for Corporate Governance, Vivek Wadhwa criticized Twitter for being an `all-boys club`.

Memories of Facebook cloud Twitter's IPO

Last Updated: Saturday, October 05, 2013, 15:30

As Twitter Inc races toward the year's most highly anticipated tech offering, memories of Facebook Inc's disappointing 2012 debut are dampening enthusiasm for shares of the eight-year-old online messaging service.

Facebook shares break $45 for first time since 2012 IPO

Last Updated: Thursday, September 12, 2013, 11:38

Facebook has said it expects sales and user growth for its mobile apps to outpace its desktop website.

Facebook surfing pays off for some investors

Last Updated: Friday, August 09, 2013, 13:09

Facebook's public offering was one of the most anticipated of 2012, but concerns about whether the company would be able to grow its mobile advertising business helped push down the stock to as low as USD 17.55 last September.

NASDAQ pays record penalty for failures in Facebook IPO

Last Updated: Thursday, May 30, 2013, 09:51

Exchanges have an obligation to ensure their systems, processes, and contingency planning are robust and adequate to manage an IPO without disruption to the market.

NASDAQ to compensate investors affected by Facebook’s IPO

Last Updated: Tuesday, March 26, 2013, 10:59

The NASDAQ had said in June that it would pay 40 million dollars, but later increased the amount to 62 million dollars.

SEC may fine Nasdaq $5mn over botched Facebook IPO

Last Updated: Wednesday, February 06, 2013, 17:15

Nasdaq was blamed for a number of technical glitches last May that put a damper on the Facebook’s first day of trading.