LexisNexis® Legal Newsroom
Social Media as a Form 10-K Risk Factor

It's official. Social media is a risk factor. At least according to Estee Lauder and lululemon athletica . Over at Footnoted , Michelle Leder and her team dig through SEC filings digging up the dirt on bad corporate behavior. They were digging through the 10-K for Estee Lauder when Theo Francis...

Advice for Young Lawyers

Yesterday, the SEC settled insider trading charges against James Self and Stephen Goldfield . Self was director of Business Development at Merck and Goldfield, Self's classmate at the Wharton School (UPenn), was a hedge fund manager. According to the complaint , Self disclosed confidential inside...

The SEC is Looking at Advisers’ Use of Social Media

According to a story in Investment News , the Securities and Exchange Commission began a sweep of investment advisers' use of social media and social networking last month. The story has a quote from Doug Flynn, an adviser at Flynn Zito Capital Management LLC, that is exactly on target for...

Broc Romanek on Securities Professionals and Social Media

On this edition, Broc Romanek, editor of TheCorporateCounsel.net, CompensationStandards.com, DealLawyers.com and InvestorRelationships.com. discusses social media in the context of its value to securities professionals. He focuses on why lawyers should care about Twitter from a professional and personal...

Charges Brought in Social Media Scam

The Securities and Exchange Commission charged an Illinois-based investment adviser with offering to sell fictitious securities on LinkedIn. The SEC also issued two alerts to highlight the risks investors and advisory firms face when using social media. The SEC's Division of Enforcement alleges...

Fulbright's 9th Annual Litigation Trends Survey: Litigation Bounces Back; Regulation Hits High

Companies in the United States and United Kingdom dealt with more litigation while regulatory investigations reached a five-year high, according to Fulbright's 9 th Annual Litigation Trends Survey . After a one-year decline, litigation rose to 2010 levels as businesses on both sides of the...

What is Regulation FD and Does it Prohibit the Use of Social Media?

Regulation Fair Disclosure (known as "Regulation FD") was enacted in 2000 by the Securities and Exchange Commission (the "SEC") to prohibit selective disclosure of material non-public information by the public companies or persons acting on their behalf to a selected group of outsiders...