From the monthly archives:

December 2012

TweetPublicly traded companies may be forced to reconsider their social media business practices or face penalties from the Securities and Exchange Commission. Netflix recently announced that it received a Wells Notice from the agency in connection with a social media post made by its CEO, Reed Hastings. The offending post stated: Congrats to Ted Sarandos, […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. A California federal judge on Dec. 3 granted preliminary approval of a class settlement and issued a provisional class certification order in a suit over a social networking website’s use of users’ personal information in paid advertising (Angel Fraley, et al. v. Facebook, Inc., No. 11-1726, N.D. Calif.). […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. Walt Disney Studios Motion Picture Production on Dec. 3 filed a brief in the U.S. Bankruptcy Court for the District of Delaware objecting to bankrupt Digital Domain Media Group’s (DDMG) motion seeking approval to sell assets and contracts free and clear of all liens, contending that Disney still […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The federal judge in California presiding over the bankruptcy fraud proceeding of former Major League Baseball player Lenny Dykstra has sentenced him to 6-1/2 months in federal prison, a source told Mealey Publications Dec. 4. The sentence was handed down Dec. 3 (U.S. v. Lenny Kyle Dykstra, No. 11-00415, […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The federal government’s criminal prosecution of a sales representative’s off-label promotion of a drug is unconstitutional under the First Amendment right of free speech, a panel of the Second Circuit U.S. Court of Appeals said Dec. 3 in a 2-1 ruling (United States of America v. Alfred Caronia, […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. A Pennsylvania federal judge on Nov. 30 granted preliminary approval of a settlement reached between a restaurant franchisee and a class of black employees who allege that their employer denied them promotions solely because of their race (Guy M. Vines, et al. v. Covelli Enterprises T/D/B/A, Panera Bread, […]

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TweetDid you ever wonder what happens to the nearly 400 million Tweets posted to Twitter every day? Because they reveal so much about what people are thinking and doing, Twitter has spawned a whole industry of companies that analyze the data and convert it into valuable market information. While the social media company has generally […]

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