Morgan Stanley Fined $5 Million Over Handling of Facebook IPO

Allegations that Morgan Stanley, the bank that underwrote Facebook's IPO didn't give investors a fair crack at material information that surfaced ahead of the IPO has resulted in the state of Massachusetts slapping the firm with a $5m fine.

Source: http://feedproxy.google.com/~r/sewblog/~3/Rk1_rEfpghw/Morgan-Stanley-Fined-5-Million-Over-Handling-of-Facebook-IPO

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