Nasdaq Compensation Facebook IPO News

Citigroup has filed a claim with Nasdaq OMX Group to potentially receive compensation for losses associated with Facebook Inc.’s glitch-ridden market debut last May, according to two people with knowledge of the situation. Citi filed the claim on Monday, which …

U.S. regulators approved Nasdaq OMX Group’s $62 million compensation plan for firms that lost money in Facebook Inc.’s glitch-ridden market debut, a victory for the exchange operator that also set the stage for potential lawsuits from firms seeking more. The …