Tag: Investors

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 […]

Guinness Nigeria Reports 25,309 Unclaimed Dividend Warrants

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Guinness Nigeria Plc has reported 25, 309 unclaimed dividend warrants of shareholders of the company. This is contained in the company’s list of unclaimed dividends 2013-dividend 80 made available to InvestAdvocate in Lagos Nigeria. According to the company, the announcement of the unclaimed […]

Shareholder protection: Securities regulators get help

Securities regulators are in a better position to guarantee investor protection, following the release of a report on regulation of retail structured products. The report, published on December 20 by the International Organisation of Securities Commissions, provides a toolkit outlining regulatory options, which securities regulators may find useful to regulate […]