Facebook Inc (FB) IPO Claims Worth $41.6M, Says Finra

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HFA Staff
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The Financial Industry Regulatory Authority has finished its assessment of claims related to the botched IPO of Facebook Inc (NASDAQ:FB). The regulator says that there is $41.6 million in valid claims resulting from the public offering. News that Finra had completed its assessment of the claims and the value of them came from Nasdaq OMX Group Inc. (NASDAQ:NDAQ) this afternoon. Nasdaq OMX Group Inc. (NASDAQ:NDAQ) says that members of The NASDAQ Stock Market LLC will receive compensation based on an analysis by staff at Finra. Claims covered by the ruling cover sell orders placed between 11:11 a.m. and 11:30 a.m. on…

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