Citi fined $2 million over Facebook IPO, fires two analysts

Citigroup fired its top Internet analyst, Mark Mahaney, and paid a $2 million fine to a Massachusetts regulator to settle charges that the bank improperly disclosed research on Facebook IPO and information on other tech companies. It was the first formal charge involving an underwriter’s disclosu…

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Citi fined $2 million over Facebook IPO, fires two analysts