The social network and its underwriters have asked the court to throw out a lawsuit that claims the company misled investors prior to its IPO, Reuters reports.
commentary The horror! Facebook's CEO apparently wore a hoodie to a meeting. Let's face it: He could dress like Thor, wield the fabled hammer Mjolnir in presentations, and they'd still want in on the company's IPO.
Wall Street is super eager for Facebook's upcoming IPO -- and yet Zuck just doesn't seem to want to play nice.
The company says it has retained an investment bank and a law firm--both of which have extensive experience in mergers and acquisitions.
Plaintiff's petition for discovery sought testimony on whether financial data was withheld from the public to determine whether there were grounds for a case.
Every time, Facebook looked like it would break below the $38 a share initial price, millions of bids showed up. Coincidence?
Persuading institutional investors to buy into a company still sorting out a mobile strategy has been harder than it seems.
RIM is looking to bring in an adviser to explore strategic options, according to Bloomberg. Can it sell itself before the ship is steady?
Europe's offshore wind capacity is expected to see a big leap over the next several years thanks to increased investment from the banking industry, according to a report.
In their informal merger talks, the two companies were wise to leave the bankers out of the meeting room.