How Reed Hastings’ Facebook Status Update Landed Netflix in SEC’s Crosshairs
Gust
JANUARY 31, 2013
The move came as a shock to many in the tech business community, in which we’ve become accustomed to real-time disclosure by company executives through social media. Last month, the SEC announced it was taking action regarding Netflix’ (NFLX) securities compliance based on a Facebook status update posted by CEO Reed Hastings.
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