Morgan Stanley (MS -2.6%) has offered a price adjustment to Facebook (FB +2.5%) investors in the...

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Stephen J Melnykevich Comments (865)
 
And how would one go about obtaining that price adjustment? I have been unable to find any details from MS or NASDAQ
23 May 2012, 01:21 PM Reply Like

Herr Hansa Comments (2902)
 
Wow! What a mess. This may have implication on related future IPOs in the social networking segment.
23 May 2012, 01:50 PM Reply Like

ruijei613 Comments (2)
 
If anyone knows about how to get the price adjustment, please post it. Thanks.
23 May 2012, 02:53 PM Reply Like

mrgberg Comments (4)
 
I'd love to know that myself
23 May 2012, 02:53 PM Reply Like

SA Editor Eric Jhonsa Comments (563)
 
Here are some details. Looks like it has to do with the order execution issues:

http://reut.rs/JIkasD
23 May 2012, 02:57 PM Reply Like

elevianne Comments (10)
 
I suppose the best way is to contact your broker and see where they are on this adjustment. I consider myself a very fair person but I feel that as a retail investor, I have been screwed big time. I am considered ptting myself into whatever class action lawsuit they will have against NASDAQ and the under writters.
23 May 2012, 04:55 PM Reply Like

jstratt Comments (1414)
 
The Facebook situation gets more interesting every day.

First those who bought should learn a lesson about greed and risk. They didnt deserve to have been fraudulently cheated if that is what happened.

However both Facebook and Morgan Stanley face risks. FB could well find that this disgusting turn of events changes the way people feel about the company. MS a decade ago would perhaps have been responsible for customers losses and penalties if they passed out information selectively. Not sure if fraud allegations against financials have severe penalties in 2012.

I suspect both have made some enemies with this turn of events.
23 May 2012, 08:04 PM Reply Like

beachtrader Comments (118)
 
Who (MS?) is managing to maintain FB above $30? Even at $30, the FB stock is not worth the paper it is printed on. Bragging rights of ownership is not worth the cost of admission.
24 May 2012, 06:11 PM Reply Like