Facebook Market Makers Claim Huge Losses From Botched IPO - Spokane, North Idaho News & Weather KHQ.com

Facebook Market Makers Claim Huge Losses From Botched IPO

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.

A technical glitch delayed the social networking company's market debut by 30 minutes on Friday and many client orders were delayed, giving some investors and traders significant losses as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. click here to read more

  • Most Popular StoriesMost Popular StoriesMore>>

  • Idaho teen recovering after being hit by a car

    Idaho teen recovering after being hit by a car

    Monday, November 20 2017 4:42 PM EST2017-11-20 21:42:07 GMT

    KOOTENAI COUNTY, Idaho - A 13-year-old boy is recovering after he was hit by a car on Seltice Way near State Line. The victim said moments after he was hit, the driver fled the scene. The boy's dad told KHQ's Hayley Guenthner that Saturday night around 9:00, his son went to grab a snack from the gas station about a block from their home. He said the car veered off the road and into the parking lot where his son was. When a woman came to 

    >>

    KOOTENAI COUNTY, Idaho - A 13-year-old boy is recovering after he was hit by a car on Seltice Way near State Line. The victim said moments after he was hit, the driver fled the scene. The boy's dad told KHQ's Hayley Guenthner that Saturday night around 9:00, his son went to grab a snack from the gas station about a block from their home. He said the car veered off the road and into the parking lot where his son was. When a woman came to 

    >>
  • Spokane's historic Ice Storm is now 21 years old

    Spokane's historic Ice Storm is now 21 years old

    Sunday, November 19 2017 4:56 PM EST2017-11-19 21:56:04 GMT

    SPOKANE, Wash. - Friday marked two years since windstorm 2015 knocked down trees, caused massive damage and left thousands of people without power in and around Spokane. Just a few days later marks another historic weather-related anniversary in the region: Ice Storm 1996.

    >>

    SPOKANE, Wash. - Friday marked two years since windstorm 2015 knocked down trees, caused massive damage and left thousands of people without power in and around Spokane. Just a few days later marks another historic weather-related anniversary in the region: Ice Storm 1996.

    >>
  • Station: Video shows nurses laughing as 89-year-old dies

    Station: Video shows nurses laughing as 89-year-old dies

    Sunday, November 19 2017 1:30 PM EST2017-11-19 18:30:54 GMT

    ATLANTA (AP) - Two nurses lost their licenses after a television station persuaded courts to unseal a video secretly recorded by the family of a man who died in their care.    The video shows the World War II veteran repeatedly calling for help, saying he can't breathe. It also shows the nurses failing to take life-saving measures, and laughing as they try to start an oxygen machine.

    >>

    ATLANTA (AP) - Two nurses lost their licenses after a television station persuaded courts to unseal a video secretly recorded by the family of a man who died in their care.    The video shows the World War II veteran repeatedly calling for help, saying he can't breathe. It also shows the nurses failing to take life-saving measures, and laughing as they try to start an oxygen machine.

    >>
HD DOPPLER 6i
/