Business Today latest news updates on Facebook IPO
Business Today
Facebook IPO
Nasdaq fails to win dismissal of Facebook IPO lawsuit

Nasdaq had argued that its status as a self-regulatory organisation gave it immunity from claims it broke securities laws and was negligent in how it executed orders to buy and sell shares of the social media company on May 18, 2012, the first day of trading.

 
 
"We run our company a lot better now," Zuckerberg said late on Wednesday during an onstage interview at the conference.
Facebook's stock came within pennies of its $38 IPO price for the first time since its rocky initial public offering (IPO) more than a year ago.
Morgan Stanley, the lead underwriter for Facebook's troubled initial public offering (IPO), has agreed to pay $5 million to Massachusetts' securities regulators.
 
 
The sale was part of a pre-determined trading plan that was set up in 2012.
Facebook CEO Mark Zuckerberg is donating nearly $500 million in stock to a Silicon Valley charity with the aim of funding health and education issues.
Social networking giant Facebook Inc is all set to replace Indian software major Infosys to become a part of the Nasdaq 100 index from December 12.
Social networking site Facebook on October 4 crossed the 1-billion users mark, with the CEO marking the milestone on his page too.
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