Nasdaq Facebook IPO News

Nasdaq OMX Group Inc. must face some of the negligence and securities law claims by investors who alleged they suffered $500 million in damages from the exchange’s handling of Facebook Inc.’s May 2012 initial public offering. U.S. District Judge Robert …

U.S. regulators approved Nasdaq OMX Group’s $62 million compensation plan for firms that lost money in Facebook Inc.’s glitch-ridden market debut, a victory for the exchange operator that also set the stage for potential lawsuits from firms seeking more. The …