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Tag Archives: social network

Facebook insiders can sell stock as ‘lock-up’ ends

MENLO PARK, Calif. — Facebook’s early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that ...

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FTC finalizes privacy settlement with Facebook

NEW YORK — The federal government has finalized its settlement with Facebook to resolve charges that the social network exposed details about users’ lives without getting the required legal consent. Facebook Inc. didn’t admit wrongdoing, but agreed to submit to ...

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In-House Interrogatory (access required)

This week it is all about Facebook and Twitter, even for general counsels. Asked: Our weekly question to the In-House community National Labor Relations Board Acting General Counsel Lafe E. Solomon issued his latest report on employee social media use ...

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Facebook stock up slightly in public debut

NEW YORK — Facebook updated its status to “public company” on Friday. After an anxiety-filled half-hour delay, its stock began trading on the Nasdaq Stock Market for the first time as investors were finally able to put a dollar value ...

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Facebook sets IPO at $38 per share

NEW YORK — Facebook has priced its initial public offering of stock at $38 per share, at the high end of its expected range. It means investor demand is strong for the world’s largest online social network. Facebook Inc. and ...

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