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"Research on the Efficient Path for Chinese Group-Purchase Website to Cope with Crisis of Confidence." Management of e-Commerce and e-Government (ICMeCG 2011 Fifth International Conference. Johnson filed a lawsuit in federal court against Groupon, based on a claim that the company issues "gift certificates" that are not allowed under the Credit Card Accountability Responsibility and Disclosure Act. Was rumored to have offered over 3 billion to acquire Groupon. Well The Logo Fits". "Site leverages power of group purchases". Archived from the original on June 18, 2011. The IPO was handled by Morgan Stanley, Goldman Sachs Group and Credit Suisse Group. "Groupon's stock hits lowest level since IPO".