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FALLOUT Facebook Faces More Trading  Problems Mark Lennihan / AP Photo

Facebook Faces Trading Problems

The fallout over Facebook’s IPO just keeps getting worse. Fidelity Investments, a large Boston-based mutual-fund company, is reportedly working with “thousands” of brokerage clients who have been affected by trading problems stemming from a NASDAQ glitch that delayed the stock’s early trading by 30 minutes. Fidelity issued a notice to clients who have expressed confusion over whether or not they owned stock in the social-media company, saying they may have experienced delays after sending orders to buy shares Friday. The  fund company reassured clients that “any shares of Facebook stock currently credited to their accounts are owned by them and available for trading.” Fidelity was not immediately available for comment regarding customer complaints.

May 24, 2012 12:00 PM