SEC May Delay Groupon IPO

Groupon’s turbulent path to an initial public offering (IPO) may have just gotten rockier. The Securities And Exchange Commission may halt the process based on an e-mail sent by Groupon CEO Andrew Mason. In the e-mail to employees, Mason complains about what he perceives as myths about the company being reported by the press, including concerns about the company’s accounting procedure.

In the SEC-mandated “quiet period,” companies are prohibited from external communication. [NY Times]