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SEC opens inquiry into Google stock issue

Feds looking into unregistered stock issues

11:51 am on Aug 17, 2004 (gmt 0)

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In another twist to Google Inc.'s public stock offering, the Internet search company said federal regulators have opened an informal inquiry into its failure to register millions of shares.

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5:19 pm on Aug 17, 2004 (gmt 0)


WebmasterWorld Administrator rogerd is a WebmasterWorld Top Contributor of All Time 10+ Year Member

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Another hole in Google's bullet-riddled foot... Kind of bad timing for this announcement, along with the questions [webmasterworld.com] about the viability of the "Gmail" trademark. Better to get it out in the open before the auction concludes rather than have new shareholders squawk later.

Still, none of these issues seems fatal.