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Aselect few get shadow stock grants or rights to buy nonvoting shares.
FORBES: Creative destruction 101
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According to the Financial Times, the potential violation could stem from the fact that as the number of Facebook shareholders exceeds 500, the company would be required to disclose detailed financial information, something it has managed to avoid. (See Facebook, Twitter, And The Shadow Stock Market).
FORBES: Goldman Sachs Limits Facebook Share Offer To "Offshore" Investors, Fears Breaking U.S. Law
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Under certain circumstances, Mr Rajan notes, this stock of debts can cast a shadow over a country's prospects.
ECONOMIST: Economics focus
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There's also a shadow over the company because of an investigation by federal prosecutors into stock options practices.
NPR: Apple Earnings Jump, But Challenges Await
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Getco already casts a tall shadow over daily trading, by some estimates roughly 20% of stock market volume, so for it the move is symbolic of changes it has been trying to lead over the last decade.
FORBES: Out With the Old, In With the New