[tinco]

Ofcourse it wouldn't be happening then, nobody would have had taken any damage if the FB stock had stayed or risen.

UBS would just have sold off the excess of shares it had received, perhaps at a profit. Perhaps just warning NASDAQ of their reckless technical situation.

That doesn't mean that there for some reason this lawsuit isn't justified. NASDAQ made UBS take a risk they did not want to take.

[veyron]

UBS was rendered an undue risk when the first order didn't acknowledge. Sending future orders was UBS mistake, despite the eventual performance.