Topic - Peter Zaleski

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  • Correction: Facebook-Lock-Up story

    In an Aug. 14 story about Facebook's stock, The Associated Press reported erroneously that LinkedIn co-founder Reid Hoffman is a member of Facebook's board of directors. Hoffman has been an investor in Facebook since 2004 and is eligible to sell shares but is not on Facebook's board.

  • Facebook insiders can sell stock as 'lock-up' ends

    Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.

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