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right, specifically "to address its gross mishandling of the offering and its substantial failures to perform its duties". does anyone know what they could pos

• austenallred 14y ago
  I was confused the whole time I was reading the article because I was thinking "Facebook." Facebook was not mentioned.
  • jessedhillon 14y ago
    UBS said it lost 349 million Swiss francs ($357 million) following Facebook's initial public offering, another blow in a quarter where earnings were already pressured by its struggling investment bank. They are claiming losses resulting directly from NASDAQ's mishandling of the IPO.
• nandemo 14y ago
  There were severe technical problems in Nasdaq's trading system during the IPO: http://abcnews.go.com/blogs/business/2012/06/nasdaq-outlines-40m-fund-for-facebook-ipo-glitches/ http://abcnews.go.com/blogs/business/2012/06/nasdaq-outlines...
  • kamaal 14y ago
    Aren't these sort of things covered in 'I have read and understood the Term and conditions' & then click on 'I agree'.
    • kitsune_ 14y ago
      No, these are the things covered by the litigation specialists at corporate law firms.
    • deleted 14y ago
      [deleted]
  • joezydeco 14y ago
    I'd love to see during discovery that UBS has a high-frequency trading group that was partially responsible for seizing up the NASDAQ order book during the IPO. [edit] http://www.nanex.net/aqck/3099.html http://www.nanex.net/aqck/3099.html