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Securities

Mar. 17, 2010

Online Stock Sales Boost Law Business

What do private companies like Facebook, Twitter and Yelp all have in common besides wild speculation over the possibility of an IPO? Now their shareholders can sell their stock before the companies even decide to go public.

By Jill Redhage

Daily Journal Staff Writer

SAN FRANCISCO - What do private companies like social networking site Facebook Inc., microblogging service Twitter Inc. and online review site Yelp Inc. all have in common besides wild speculation over the possibility of an IPO?

Now their shareholders can sell their stock before the companies even decide to go public.

Changes in the securities laws in 2008 and the creatio...

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