Navigating Evolving Social Media Risks

Elon Musk’s August 2018 tweet, “Am considering taking Tesla private at $420. Funding secured,” generated media attention, a surge in Tesla’s stock price … and an SEC enforcement action. The social media genie has been out of the bottle for at least a decade, and companies continue to struggle with how to manage it. We distill insights offered by Deluxe Corporation's regulatory counsel and CCO at a recent SCCE program on the evolving nature of social media risks, including those in the context of HR decisions and union activities. We also share her tips for devising policies. See “Not Just TikTok: How Companies Can Mitigate Risk of Employee Social Media Use” (Aug. 12, 2020).

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