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SEC Wants Review of Facebook IPO – Tech Thursday
SEC Wants Review of Facebook IPO – Tech Thursday
Facebook seems to be be having a bad week. The Securities and Exchange Commission, the regulatory body for the stock market, is calling for a review of the circumstances around Facebook's IPO. This is due to the 9% drop in the stock as well as the accusation that the downward revised profit forecasts that were released days before the offering, but could have been leaked to a select few investors

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