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CALIFORNIA CORPORATE & SECURITIES LAW

Of Touting, Tweets and Advertising

Last month, the Securities and Exchange Commission issued this¬†public statement warning about touting of securities by celebrities: Celebrities and others are using social media networks to encourage the public to purchase stocks and other investments.¬† These endorsements may be unlawful if they do not disclose the nature, source, and amount of any compensation paid, directly…

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