How long after the Facebook IPO was issued was litigation filed?
A)Two months
B)There is no litigation because the IPO was postponed indefinitely
C)Three months
D)Three days

Question

Quizplus · Accepted Answer

The litigation was filed just three days after the Facebook IPO was issued. The investors sued Facebook, its underwriters, and NASDAQ claiming that they were misled about the company's revenue prospects and that NASDAQ failed to accurately execute trades on the day of the IPO.

How Long After the Facebook IPO Was Issued Was Litigation