Tag Archive for Repercussions

Fidelity, Knight problems add to Nasdaq’s Facebook woes | Reuters

The repercussions from Facebook’s botched initial public offering deepened on Thursday as Fidelity Investments found itself dealing with “thousands” of customers with order problems and Knight Capital demanded tens of millions of dollars in compensation from Nasdaq for trading-related losses. The pressure on Nasdaq in particular was intense, not only from investor lawsuits and angry…