'Nasdaq caused $36m Facebook IPO loss'

May 25, 2012

A NEW YORK broker has asked Nasdaq to compensate it for up to $US35 million ($A36.01 million) in losses on the Facebook IPO. full story

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Nasdaq to Pay SEC $10 Million Over Facebook IPO

NEW YORK (TheStreet) -- Nasdaq is paying a $10 million fine to the Securities and Exchange Commission for charges related to the Facebook IPO debacle. The Securities and Exchange Commission charged Nasdaq with violations of securities laws resulting from its poor systems and decision-making during Facebook's IPO last May. As a result, Nasdaq has agreed to settle the charges,...

thestreet.com (21 days ago)

Nasdaq Fined by SEC Over Facebook IPO

Nasdaq has agreed to pay the SEC $10 million for "poor systems and decision-making" during the Facebook IPO.

cnbc.com (21 days ago)

Nasdaq settles US SEC charges for Facebook's IPO

The U.S. Securities and Exchange Commission charged the Nasdaq stock exchange with violations of securities law for its "poor systems and decision-making" during Facebook's initial public offering, the agency has announced. Nasdaq has agreed to pay US$10 million, the largest SEC settlement with a stock exchange, to settle the agency's charges, the SEC said in a press...

pcworld.com (21 days ago)

SEC approves Nasdaq's Facebook IPO payment plan

Nasdaq plans to pay $62 million in reimbursements to investment firms that lost money because of technical problems during the IPO

cbsnews.com (2 months and 27 days ago)

Nasdaq extends deadline for Facebook IPO compensation applications

NEW YORK (Reuters) - Nasdaq OMX Group said on Wednesday it filed with the U.S. Securities and Exchange Commission to extend the deadline for firms to apply for compensation relating to Facebook Inc's problematic IPO to April 8 from March 29.

reuters.com (2 months and 25 days ago)

Outside the Box: What Facebook got right with its IPO

Facebook made plenty of rookie mistakes in its IPO - the technical glitches on the NASDAQ exchange that delayed the first trades for 30 minutes alone revealed an unfortunate amateurish approach - but Facebook did one thing right.

marketwatch.com (21 days ago)

SEC fines Nasdaq $10M for botched Facebook IPO

Fine is largest ever levied on an exchange, Facebook IPO was plagued with trading errors.

usatoday.com (21 days ago)

More legal action is likely over Nasdaq's botched Facebook IPO

The SEC approves Nasdaq's $62-million plan to repay brokerages that lost money in the Facebook IPO, but UBS says it will seek to recover more through arbitration.NEW YORK — The legal fallout from Facebook Inc.'s botched initial public offering last year isn't over, although regulators approved the $62-million plan by Nasdaq OMX Group Inc. to repay brokerages that lost money...

latimes.com (2 months and 27 days ago)

SEC clears Nasdaq pay plan on Facebook IPO

Nasdaq will pay $62M in reimbursements over IPO glitches.

usatoday.com (2 months and 27 days ago)

Facebook IPO: Winners & losers

From Sheryl Sandberg and the Nasdaq to the graffiti artist who took stock instead of cash, here's who's riding high and lying low one year after the Facebook IPO.

cnn.com (1 month and 2 days ago)

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