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Nasdaq To Cough Up $40 Million For Facebook IPO Failure – Forbes


Globe and Mail

Nasdaq To Cough Up $ 40 Million For Facebook IPO Failure
Forbes
Wednesday, the exchange's parent, Nasdaq OMX Group, announced a program to compensate member firms “disadvantaged by technical problems that arose during the Facebook IPO cross May 18.” The result of those considerations is a $ 40 million voluntary
Nasdaq Tabs $ 40 Million as Facebook IPO CompensationWall Street Journal
Nasdaq Approves $ 40M Plan to Cover FB LossesBloomberg
NASDAQ OMX and NASDAQ Stock Market Boards Announce Program for Voluntary MarketWatch (press release)
Barron’s (blog) –Fox Business –San Francisco Chronicle
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