Articles Tagged with Facebook

Published on:

Earlier this year, reports began to surface that businesses were asking job applicants to allow a representative of the business to view the applicant’s Facebook account as part of the interviewing and hiring process. Many citizens value their right to privacy above all and take great pains to keep passwords and other private information safe and secure. At the federal level, a proposed ban on this interview and application practice failed. However, California has recently signed a law protecting individuals’ passwords and social media accounts from exposure under employment contracts.

Further, according to reports from sources, many universities are requiring that one coach or administrator from each of its sports teams be in charge of monitoring the social media accounts and public internet postings of the athletes on that team. Universities apparently derive the authority for this type of monitoring from the fact that the athlete being monitored is similar to an employee and representative of the school through the scholarship they receive from the institution. In fact, many universities have broadened this practice beyond student-athletes to include any and all students attending the school by way of a university or endowment-funded scholarship.
Continue reading

Published on:

Business litigation can often seem relatively complicated compared to lawsuits filed between average citizens. A recent group of business litigation cases revolving around famed social media network Facebook could be considered even more complex than most. A slew of lawsuits have been filed in various states, including California, in the wake of the network’s less-than-stellar stock market debut. Before any of those cases can play out, however, a panel made up of several federal judges is considering whether it should consolidate the cases together and, if so, where they will be tried.

These lawsuits arose after investors decided to sue over the fact that Facebook’s public offering debut seemed to be shadowed by a series of technical troubles. There were also accusations that company insiders leaked unflattering tidbits about the company’s actual financial prospects to certain favored investors. Since the day of its public debut, the price for shares of Facebook stock has plummeted as much as 50 percent from its initial $38 value.
Continue reading