Group buying site Groupon will seek an $11.4 billion valuation from its initial public offering scheduled for November 4. The Chicago-based startup also hopes to raise $621 million from the long-awaited offering.However, the company reported this week that its IPO will offer a mere 5 percent of total shares, which may lead to wider market volatilit...
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Victims who lost all the money they invested under Bernard Madoff's Ponzi scheme will soon be getting part of the funds they lost to the now-incarcerated fraudster.CNNMoney reports that almost three years after one of the biggest scams in history was uncovered, victims will be splitting $312 million in recovered assets. While many will be pleas...
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