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Citigroup Fires Internet Analyst Mark Mahaney

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    FBN’s Robert Gray on Citigroup firing its internet analyst in the fallout of the Facebook IPO.

  • Duration 0:52
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I'm Robert -- what your Fox Business Springfield the next target Dell Wall Street at the closing bell stocks for the -- -- between gains and losses.

Citigroup has fired Internet analyst mark -- over that FaceBook IPO fallout.

Citi told fox business and the -- failed to stop the release of confidential information about FaceBook before that company's initial public offering.

Citigroup facility two million dollar fine from the state of Massachusetts for the disclosure of that information.

And -- -- businessman policy particularly -- has been charged with a multi billion dollar scheme.

When he filed a federal lawsuit falsely claiming to have been promised -- 50% share in FaceBook.

The Manhattan US attorney's office a logistically and ordered and destroyed evidence in efforts to support his claim.

And that is the latest from the Fox Business Network.