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The SEC charged a public company with violating Regulation FD based on the disclosure of material nonpublic sales growth information posted by the company’s public relations firm on the CEO’s social media accounts one week in advance of the company’s public earnings release. The social media postings also were determined to have violated multiple company policies.

See the SEC’s release; “Social media posts result in SEC fines for Regulation FD violations” (Bryan Cave Leighton Paisner); and additional resources on our Regulation FD page.

            This post first appeared in the weekly Society Alert!