Oh not illegal for sure. But they dropped the ball. Bankers are shielded from practically every type of litigation based on engagement letters. But that doesn&#x27;t mean that they didn&#x27;t fail their client. I mean practically speaking if bank A botched a deal for Facebook, not many large tech companies would be lining up to engage them. They can&#x27;t hold their hands up and say well its your fault so boo hoo. If that was acceptable behaviour in the market, nobody would hire bankers. Having seen bankers roll out a deal on a company that later proved to be a complete fraud, believe me when I say that people get fired for messing up. Which should give you some idea of whether the bank itself thinks someone dropped the ball.<p>Also it sounds like he said she said on the all stock thing. The Bakers say bankers weren&#x27;t around. Also any decent banker would be able to tell you to up your asking price to account for rolling hedging costs and&#x2F;or other risks.