Articles on Facebook

The danger of Internet checks as part of a company’s hiring process By Peter LaSorsa Labor and Employment Law, February 2012 The latest endeavor by companies is to check Web sites like Facebook and Twitter to see what new information they can learn about prospective employees. Is this a good idea? Are there potential land mines that the company could step on?
Saint or sinner? The efficacy of the proposed “1,000 Shareholder” amendment to Section 12(g) By Cory White Racial and Ethnic Minorities and the Law, December 2011 Some lawmakers and regulators see the current “500 shareholder rule” of section 12(g) as a hindrance to capital formation, which has always been a stated goal of the SEC and other financial regulators. Representatives David Schweikert (R-AZ) and Jim Himes (D-CT) have introduced a bill that will amend Section 12(g).
Current issues in connection with capital formation for privately held companies By William Hadler Business and Securities Law, November 2011 In early 2011 Goldman Sachs made two investments in Facebook, Inc. igniting a national debate over the regulatory framework governing private capital raising alternatives. 

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