Goldman, JPMorgan, Morgan Stanley defeat appeal over Facebook IPO

Goldman Sachs Group Inc <GS.N>, JPMorgan Chase & Co <JPM.N> and Morgan Stanley <MS.N> need not forfeit their estimated $100 million of profit from trading Facebook Inc <FB.O> stock soon after underwriting its May 2012 initial public offering, a federal appeals court said...

3 Nov 2016 ... Goldman Sachs Group Inc , JPMorgan Chase & Co and Morgan Stanley need not forfeit their estimated $100 million of profit from trading ...

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