![Facebook (FB) Compensation Crosses Line Facebook (FB) Compensation Crosses Line](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
This morning, the Nasdaq OMX Group (NASDAQ:NDAQ) announced a $40 million plan to compensate investors who lost out in its disastrous handling of the Facebook Inc (NASDAQ:FB) IPO. The package was announced earlier today, and has not been well received by people both inside the trading world and commentators in general.
The deal would see most of the money, $27 million, go to larger investors who were hit by the IPO in the form of reduced transaction fees. That sum has been the subject of...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!