Nasdaq will pay $10 million to settle a suit with the Securities and Exchange Commission that charges that the exchange botched the company's IPO.
The amount -- which comes in addition to the $2 million that Nasdaq already paid investors -- is the largest for any exchange, according to CNBC. The amount had been reported to be as high as $62 million, however.
Facebook's May 18, 2012, IPO was marred by glitches from Nasdaq. Technical issues that barred trading for a time could have cost Facebook investors as much as $100 million, according to some calculations. Nasdaq's numerous errors are cataloged in the SEC's complaint.