August 21, 2015
Top 4 Stupid Reasons Why CEO’s Get Sued
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.”…
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