FB: Massachusetts Fines Morgan Stanley $5M Over Discussions of Estimates Pre-IPO
As further fall-out to the botched initial public offering of Facebook (FB) on May 18th, Massachusetts’s secretary of the commonwealth Francis Galvin this afternoon announced that Morgan Stanley (MS), the lead underwriter of the IPO, has agreed to a $5 million fine without admitting to, nor denying, what the state said were violations it committed [...]
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here