Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Businesses

Submission + - NASDAQ Might Be Sued Over Facebook IPO (itworld.com)

jfruh writes: "On the day of the Facebook IPO, the NASDAQ's trading systems sufferend multiple failures and couldn't confirm buy orders for several hours. Big banks buying shares for their funds and customers placed mutliple orders as a result, and bought more Facebook stock than they intended to as a result. NASDAQ has agreed to set up a fund to compensate them for their losses, but apparently this isn't enough for Swiss bank UBS, which is threatening legal action."
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

NASDAQ Might Be Sued Over Facebook IPO

Comments Filter:

"You show me an American who can keep his mouth shut and I'll eat him." -- Newspaperman from Frank Capra's _Meet_John_Doe_

Working...