Groupon’s employee shareholders haven’t been able to sell shares in the company in the months following the initial public offering due to the regulatory lockup, but that has now changes. Employees are now free to sell however many shares they wish, which is causing the stock to go into freefall. One upside of this is that the lockup expiration is normally the last hurdle in place stopping employees from becoming angel investors after a company’s successful exit.

[Source: Chicago Tribune]