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  1. Morgan Stanley Fined $5 Million Over Handling of Facebook IPO

    Facebook's IPO descended into farce even before the NASDAQ stock exchange's systems failed to cope with initial demand for the stock. Investment bank, Morgan Stanley, has been fined $5 million by the US state of Massachusetts for its role in the...

  2. Facebook Privacy Lawsuit Seeks $15 Billion

    While the offering set records for trade volume, Facebook stock failed to live up to early expectations as the day progressed and the company's financial backers were forced to step in and prevent the stock from falling below its starting price.