Public companies regularly face challenges in protecting confidential information relating to material announcements of corporate developments as well as financial results and other events. For example, recently, the U.S....more
7/15/2025
/ Confidential Information ,
Corporate Misconduct ,
Disclosure Requirements ,
Enforcement Actions ,
Fraud ,
Insider Trading ,
Material Nonpublic Information ,
Misappropriation ,
Publicly-Traded Companies ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Violations
On September 26, 2024, the SEC announced that it had settled charges with DraftKings Inc. for selective disclosure of material non-public information on the CEO’s personal X (formerly Twitter) and LinkedIn accounts in...more
10/2/2024
/ Compliance ,
Enforcement Actions ,
Form 8-K ,
LinkedIn ,
Material Nonpublic Information ,
Regulation FD ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Social Media ,
Social Media Policy ,
Social Networks ,
Twitter
As discussed in our March 3, 2023 post, the DOJ and SEC brought an insider trading case against the founder and former CEO and Executive Chairman of Ontrak, Inc. based upon the former executive failing the “clean hands”...more
7/1/2024
/ 10b5-1 Plans ,
Corporate Executives ,
Criminal Convictions ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Insider Information ,
Insider Trading ,
Material Nonpublic Information ,
Securities and Exchange Commission (SEC) ,
Securities Fraud