O’Melveny Worldwide

Law360: SEC Fine Shows Risks Of Nonpublic Info In X, LinkedIn Posts

October 23, 2024

O’Melveny partners Shelly Heyduk and Robert Plesnarski, and of counsel Michele Wein Layne co-authored this article discussing the US Securities and Exchange Commission’s settlement with DraftKings Inc. related to Regulation Fair Disclosure charges and the “unique risks associated with exclusively using social media networks to share material nonpublic financial and other information.” O’Melveny partners Andrew J. Geist and Jorge deNeve, and resource attorney Aliza Cohen also contributed to this article. 

Read the full article here.