Vonage IPO

 

Vonage IPO Underwriters Spanked by Regulator

The banks that served as the lead underwriters for Vonage Holdings Corp.’s (VG) 2006 IPO have been hit with $425,000 in fines. Citigroup Global Markets, UBS Securities and Deutsche Bank Securities also must pay up to $420,000 in damages to customers who were told, wrongly, they had not received share allocations in Vonage. The ruling […]

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