Company Suing Twitter Not Registered With Finra, Agency Says

Precedo Capital Group Inc., one of the two firms that sued Twitter last month, isn’t registered with Finra as a broker-dealer, the agency said. * Precedo and Continental Advisors SA sued Twitter for $124 million claiming the Internet company engineered a failed private sale of its shares in 2012 to strengthen its hand in preparation for its initial public offering. * The case is Precedo Capital Group Inc. v. Twitter Inc., 1:13-cv-07678, U.S. District Court, Southern District of New York (Manhattan). * Docket link: {BBLS DD X1Q6MS3SUU82<GO>} Link to Company News:{TWTR US <Equity> CN <GO>}

To contact the reporter on this story: Bob Van Voris in federal court in Manhattan at rvanvoris@bloomberg.net

To contact the editor responsible for this story: Peter Blumberg at pblumberg1@bloomberg.net

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