Nasdaq to settle Facebook IPO lawsuit for $26.5 million

In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million to settle a class-action lawsuit involving its bungling of Facebook Inc's $16 billion initial public offering, the plaintiffs' lawyers said.

23 Apr 2015 ... ... Nasdaq OMX Group on Thursday agreed to pay $26.5 million to settle a class- action lawsuit involving its bungling of Facebook Inc's $16 ...

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