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Facebook, founder and banks sued over pre-IPO analyst calls
Facebook Inc and banks involved in the company's IPO were sued by the social networking leader's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16-billion initial public offering. The defendants, who also include Facebook Chief Executive Officer Mark Zuckerberg, were accused of concealing from investors during the IPO marketing process "a severe and

Regulators, investors turn up heat over Facebook IPO

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan

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Vodafone disconnects India IPO plan for now

The Initial Public Offer (IPO) of Vodafone India is set to remain in the freezer for some more time. Marten Pieters, managing director and chief executive officer of Vodafone India, said the company

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Investors brace for Facebook debut on Wall Street

Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.

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Facebook's IPO one of world's largest

Facebook found more than enough friends.The world's definitive online social network said Thursday that it raised $16 billion for itself and its early investors in an initial public stock offering

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Facebook sets IPO price at $38

Facebook Thursday set the price for its initial public offering (IPO) at $38 per share. The price came one day before Facebook begins to trade on the Nasdaq stock exchange Friday under the symbol

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