Brock Smith was quoted in a Hi-Tech article by Luigi Benetton in the September 19, 2014 edition of The Lawyers Weekly. In the article, which covers how the virtual deal room is now more advanced, Brock discusses the use of digital data rooms in commercial transactions.
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Regulation FD Applies to Disclosure made through Social Media Channels
On April 2, 2013 the United States Securities and Exchange Commission (“SEC”) published a report of its investigation on whether Netflix, Inc. (“Netflix”) and its Chief Executive Officer, Reed Hastings (“Hastings”), violated Regulation FD and Section 13(a) of the Securities Exchange Act of 1934 when on July 3, 2012, Hastings announced on his personal Facebook page that Netflix had streamed 1 billion hours of content in the month of June. Though the SEC did not pursue enforcement action in the matter, it clarified in its report that Regulation FD applies to issuer communications and disclosures through social media channels, and that SEC’s Commission Guidance on the Use of Company Web Sites, Release No. 34-58288 (Aug. 7, 2008) (the “Guide”) also applies to corporate disclosures made through social media channels. The report also suggests that Regulation FD and the Guide apply to “push” technologies, such as email alerts and RSS feeds, and “interactive” communication tools, such as blogs.
Clark Wilson LLP ranked in top mining M&A of 2012
Clark Wilson LLP ranked in the top 20 on BIV’s “Top mining mergers and acquisitions of 2012” list by dollar value. The list recognizes agents ... Continued
Make a Will Week 2014
The BC Government reminds you to make a will in anticipation of the new WESA