CEOs get sued entirely too often, and often they ask for it.
Over dinner in San Francisco with one of my favorite securities law firms, Qian & Nemecek LLP we discussed how to prevent these legal blunders.
Here are our Top 4 Stupid Reasons Why CEOs Get Sued:
1. Loose Lips Sink Ships: Watch what you say on social media. In July 2012, Netflix CEO Reed Hastings made a post on his Facebook FB +% page that landed him in hot water with the SEC. Hastings boasted that “Netflix NFLX -8.25% monthly viewing exceeded 1 billion hours for the first time ever in June. When House of Cards and Arrested Development debut, we’ll blow those records away.”…
Visit http://www.forbes.com/sites/christinecomaford/2013/02/04/top-4-stupid-reasons-ceos-get-sued-dont-let-these-happen-to-you/ to keep reading.
Image Credit: DealerComplianceConsultants.com