Wednesday, May 23, 2012

Economy - Voice of America: US Regulators Looking at Leadup to Facebook IPO

Economy - Voice of America
economy-and-business
US Regulators Looking at Leadup to Facebook IPO
May 23rd 2012, 16:19

Days after social media giant Facebook started publicly selling its stock, financial regulators in the U.S. are taking a closer look at whether key information about the company's financial prospects was provided to large investors in advance of the sale, but withheld from others. In the days leading up to the start of trading in the stock last Friday, investigators say that an analyst at Facebook's leading financial supporter, the Morgan Stanley investment banking firm, may have ...

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