Daily Archives: March 27, 2015, 2:09 pm

Zynga must face U.S. lawsuit alleging fraud tied to IPO | Reuters

Ruling 13 months after dismissing an earlier version of the lawsuit, U.S. District Judge Jeffrey White in San Francisco said on Wednesday that shareholders could pursue claims that Zynga concealed declining user activity, masked how changes in a Facebook Inc platform for its games would affect demand and inflated its 2012 revenue forecast. via Zynga must face U.S. lawsuit alleging…

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IPO lite? SEC rule change gives small businesses a new fundraising option. – CSMonitor.com

On Wednesday, small businesses got a new way to raise millions of dollars in investments without going public. The U.S. Securities and Exchange Commission approved changes to a little-used regulation that will now let companies sell up to $50 million in securities to outside investors every year. via IPO lite? SEC rule change gives small businesses a new fundraising option. – CSMonitor.com

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