Jun 3, 2012

Facebook stock performance, IPO said to be under investigation by SEC

Facebook stock performance, IPO said to be under investigation by SEC:
Two weeks after Facebook’s initial public offering, the hand-wringing over its dismal stock performance hasn’t died down— and neither have the questions over how the IPO was carried out. Federal regulators are reviewing the offering, but some Democrats in Congress say their concerns about the IPO go well beyond the question of whether any laws were violated.
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