By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Initial Public Offering (IPO) of Vetiva Griffin 30 Exchange Traded Fund (VG 30 ETF) which opened January 13, 2014 will close Friday January 31, 2014. This will be 15 working days in line with the Securities and Exchange Commission’s (SEC’s) Rule 301 […]
Tag: Initial Public Offering
Nasdaq to compensate firms on December 31 for botched Facebook IPO
Nasdaq OMX Group Inc will compensate firms on December 31 for qualifying claims related to Facebook Inc’s botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously it would pay up to $41.6 million in claims to market participants that […]
Nasdaq fails to win dismissal of Facebook IPO lawsuit
A federal judge has rejected Nasdaq OMX Group Inc’s bid to dismiss lawsuits by investors who accused the exchange operator of botching Facebook Inc’s $16 billion initial public offering, a decision released on Monday shows. Nasdaq had argued that its status as a self-regulatory organization (SRO) gave it immunity from […]
