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Unfriending the Facebook IPO – Žaloba proti Nasdaq ve věci zahajovací nabídky akcií Facebook v květnu 2012

It was the biggest lead balloon to crash on Wall Street in years. On May 8, 2012, Nasdaq opened Facebook Inc.’s initial public offering at $38 per share. The price plummeted. Investors lost hundreds of millions of dollars.

Now litigation over the botched IPO is moving forward — not just against Facebook, but also Nasdaq. A federal judge has scheduled arguments on the exchange’s motion to dismiss for October 3.

Source: Unfriending the Facebook IPO.

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