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Google IPO Problems Surface

Posted by michael on from the here-come-the-lawsuits dept.

manavendra writes "The BBC is reporting that Google has admitted it may have breached stock market laws in the US, while CNET says Google may have run afoul of securities laws when it doled out millions of shares to employees and consultants over the past three years, according to a document filed Wednesday with the Securities and Exchange Commission."

2 of 235 comments (clear)

  1. Re:Dear Google: by DAldredge · · Score: 0, Troll

    Because the damn SEC and securities laws in the USA are a fscking confusing mess. They aren't clear on most things and need to be rewritten. They currently allow some activity to go unpunished that harms people while punishing activity that doesn't.

    This should not be a shock as Wall Street donates heavly to both parties to keep it this way.

  2. Truly Amazing!! by curtisk · · Score: 0, Troll
    Sweet,sweet irony...

    The place that most people around the globe go for information is THE LEAST INFORMED!

    Google shoula googled some stock market and SEC info/regulations/by-laws

    --

    Sehr geehrter Toilettenbenutzer!