Nasdaq News

Nasdaq OMX Group Inc plans to pay out $62 million in cash to firms that lost money in Facebook Inc’s bungled initial public offering in May, modifying an earlier plan that drew intense criticism from market makers and other exchanges. …

Nasdaq OMX Group Inc and investors who sued the exchange operator over Facebook Inc’s $16 billion initial public offering have asked a judicial panel to keep their dispute separate from dozens of related shareholder lawsuits. The No. 1 social network …