Congratulations, you’re a public company. Now what? An IPO is a crowning achievement for a company and its management, the fruit of much hard work. But being a public company can present challenges they might never have faced before. We have created some guidelines – called The Ten Commandments of Investor Relations for Newly Public Companies – to […]

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Perhaps the only thing more surprising than the LIBOR rate-fixing scandal that engulfed Barclays last week is the method by which the rate is set.  For more than four decades, the benchmark interest rate has been set by a group of banks, based on voluntary declarations of each bank’s borrowing cost, not actual trades. But […]

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No one is covering themselves in glory in the aftermath of the Facebook IPO. Lead underwriter Morgan Stanley is battling allegations that it priced the deal too richly. Facebook insiders are being called greedy for the last-minute increase in the number of shares they sold in the offering. Facebook’s management is being criticized for signaling […]

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Friday was a horrible day for investors in Groupon.  The stock tumbled 6 percent on news that the company would restate it earnings after underestimating customer refunds, which led its auditor to declare the company had a material weakness in its internal controls. That kind of news is never welcome, and Groupon’s management has a […]

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