Groupon seeking $11.4 billion IPO valuation

Nov 03, 2011 Justin Wagner

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


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Madoff's Ponzi victims get first payout

Oct 16, 2011 Justin Wagner

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


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