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advisory firm Class V Group.
"I hope they didn't agree to this deal because of Facebook's valuation on the secondary markets," said Lise Buyer, a former Google executive and the founder of the advisory firm Class V Group.
But for companies that investors deem strong, the IPO market is still open, says Lise Buyer, a former high-tech executive and Wall Street analyst who now runs a consulting firm, Class V Group, that helps start-ups navigate the IPO process.
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A cheerier finding is that the share of mid-sized firms classed as "growth champions", with steady revenue growth of at least 10% a year, is higher than in France or Italy and only one percentage point behind Germany.
"It's critical that consumers be allowed to band together to take on rich, powerful corporations," says Graham LippSmith, who heads the firm's class action division.
An increase in the firm size class of a worker sees the worker's earnings increase, while a decrease in firm size class sees the worker's earnings fall.
His New York firm has class actions pending against the subprime lenders Fremont General, Accredited Home Lenders and American Home Mortgage Investment.
Nationwide Mutual, a big insurance company, owns all of the firm's Class B shares, which comprise 66.3percentt of its outstanding stock and 95.2percentt of its voting power.
Senator John McCain of Arizona, the man who prevailed over Mr. Giuliani and Mr. Romney in the 2008 nominating contest, has denounced Mr. Obama's criticism of Mr. Romney's stewardship of the Bain Capital private equity firm as "class warfare at its worst".
"There's a 'greater-fool theory,' " says Lise Buyer, who was a tech stock analyst during the dot-com bubble and is back with a consulting firm, the Class V Group, that advises on initial public offerings.
There are two potential reasons for a worker's firm size class to change.
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