Post Profile

Regulators Probe Bank’s Role in Facebook IPO

(WASHINGTON) — Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst’s negative report about the company before the stock started trading. Rick Ketchum, the head of the Financial Industry Regulatory Authority, the self-policing body for the securities industry, [.
read more

See more about: Morgan Stanley

Related Posts

Facebook, Morgan Stanley face class-action suit over IPO

Business & Finance : Money & Co

WASHINGTON -- A class-action lawsuit was filed Wednesday against Facebook Inc., Morgan Stanley & Co., and the other Wall Street banks that underwrote the Facebook's initial public offering, alleging they misled most shareholders abo...

Why Shouldn't Practitioners Of Muppetology Get Swallowed in an Facebook IPO Class Action Suit?

Business & Finance : Zero Hedge

Reuters reports on Facebook: "Morgan Stanley unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very...

Insiders Warned on Facebook IPO, Regulators Launch Investigation

Business & Finance : Business from Newser

Facebook's IPO is looking more disastrous by the day. Regulators are now probing reports that underwriter Morgan Stanley and other banks cut their revenue forecasts for the company just days before the IPO—but only advised major cli...

Wall Street Confidence Erodes After Facebook IPO, JPMorgan Trading Loss

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

Shareholders filed at least two lawsuits against Facebook and Morgan Stanley, the bank that shepherded the IPO, over reports that it withheld negative analyst reports about Facebook from some clients before the company went public.

Facebook's Lead Bank Tells Clients They Were Dumb To Buy At The IPO Price (FB)

Business & Finance : Business Insider: Clusterstock

Facebook's lead investment bank Morgan Stanley released its first research report on the stock this morning. Morgan's clients are probably not going to like it. Analyst Scott Devitt and his team start the company at "overweight" but...


Copyright © 2016 Regator, LLC