Exclusive: Many Fidelity clients have Facebook problem: source

Reuters News
Posted: Jun 07, 2012 10:27 AM

NEW YORK (Reuters) - Fidelity Investments is working with "thousands" of brokerage clients affected by trading problems in Facebook Inc, according to a source familiar with the situation.

The much-anticipated social media site's initial public offering has been steeped in controversy since it started trading on Friday. Much of the controversy stemmed from a Nasdaq glitch that delayed the stock's trading by 30 minutes.

(Reporting By Jessica Toonkel; Editing by Gerald E. McCormick)