IPO

(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.

May 24 (Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.

… 80M to buy social gifting app developer Karma, sources tell Bloomberg Businessweek . Karma, whose purchase was announced on IPO day, could help Facebook finally turn e-commerce into a meaningful revenue stream , courtesy of affiliate fees on recommended …

NEW YORK (Reuters) - Morgan Stanley continues to work through trade orders placed on Friday by brokerage customers in Facebook Inc during the social networking company's IPO , two people familiar with the situation said on Thursday.

May 24 (Reuters) - Morgan Stanley will adjust thousands of trades to ensure no one pays more than $43 a share for Facebook stock from last Friday's botched initial public offering , the firm told its legion of brokers on Thursday, a person familiar with the call said.

… happens to be the smarter bank when it comes to derivatives, and Morgan Stanley ( MS ) at the center of the Facebook ( FB ) IPO scandal, there really isn't any short term benefit to the retail investor. The Big Banks may have the capability of posting …

… share, as it dipped below this level on April 25th. However, NASDAQ as we all know is pretty busy right now with the whole FB IPO debacle, and as of yet there has been no indication from NASDAQ that they are reconsidering delisting COSI. Regardless of where …

NEW YORK, May 24 (Reuters) - Citadel Securities' market-making business lost around $30 million due to Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. stock exchange, a source with knowledge of the situation said on Thursday.