We are pleased to announce that Cam McTavish has joined the partnership at Clark Wilson LLP. Cam’s practice focuses on Corporate Finance & Securities, Mergers & Acquisitions and Cross-Border 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.
Gordon Behan’s article republished in Quickscribe
Gordon Behan‘s recent article “Wills Variation under WESA” from our Your Estate Matters Blog, which covers the new wills and estates legislation, has been republished ... Continued
Congratulations Andrew Dixon
Clark Wilson congratulates Andrew Dixon on his Call to the Bar in August 2014. Andrew completed his articles with our firm and we are very ... Continued