News tagged with initial public offerings

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Lawsuits pile up over Facebook flotation

Facebook and its underwriters came under broad legal attack Wednesday as lawyers and investors filed lawsuits over Facebook's controversy-marred initial public offering.

dateMay 23, 2012 in Business
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Regulators probe bank's role in Facebook IPO

(AP) -- Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative ...

dateMay 23, 2012 in Business
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Facebook stock limps into Monday

Facebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own after stumbling out of the gate in a historic but lackluster debut.

dateMay 20, 2012 in Business
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New lawsuit takes aim at Facebook privacy

A new lawsuit consolidating several complaints about Facebook's privacy policies was filed Friday in California, seeking damages for US users of the social network for improper tracking.

dateMay 19, 2012 in Internet
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What will Facebook do with all its cash?

What's Facebook going to do with all that money? Depending on the price it sets for its shares, the company is on track to raise $6.1 billion to $6.8 billion in its initial public offering. Facebook's new wealth will be added ...

dateMay 18, 2012 in Business
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Facebook is 2nd largest US IPO ever

Facebook's launch on to the Nasdaq on Friday will raise $16.4 billion dollars, making it the second largest initial public offering on US markets ever.

dateMay 18, 2012 in Business
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