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News Article

Sandy Smith Discusses Facebook Stock Offering with Atlanta Business Chronicle

January 25, 2011

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ATLANTA—Womble Carlyle Corporate and Securities attorney Sandy Smith talks about the upcoming Facebook stock offering in the current issue of the Atlanta Business Chronicle. Smith frequently advises Silicon Valley clients and private equity investors on major deals.
 
Smith says the decision by Goldman Sachs to sell the Facebook stock via a private offering, instead of through an IPO, may be copied by other companies.

“They can attract better talent by offering new employees stock options at below market prices,” Smith told Atlanta Business Chronicle columnist Andy Peters.

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This document is intended as an informational reminder and does not constitute legal advice. If you have any questions or would like to discuss a particular situation, please contact Womble Carlyle Sandridge & Rice, LLP. The purpose of this article is to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances.