TheCorporateCounsel.net

February 2, 2012

OMG: Facebook Files a Form S-1!

Oh, the Twitterverse was a-humming yesterday about 4:45 pm eastern as news of Facebook’s filing of a Form S-1 – with a 150-page prospectus – went viral. Countless folks began “live tweeting” their read of all the lurid details (use “$FB” as a search term in your Tweetdeck to view the stream of comments), including this letter from Mark Zuckerberg (“building a better world, blah, blah” – see this NY Time’s article about FB’s social mission). Meanwhile, the SEC’s Edgar felt the opposite of this exhibit from the S-1 as the level of traffic to the SEC’s database went through the roof. Many members emailed me to say they couldn’t access Edgar for more than an hour…

Updated Study: Benchmarking the Number of “Executive Officers”

Last year at this time, I worked with LogixData to produce a comprehensive benchmarking study (posted in our “Executive Officer Determination” Practice Area) to help companies benchmark against their peers regarding the number of employees designated as “executive officers.” LogixData has now produced updated numbers to include 2011data (and more such as top index analysis as well as a SIC distribution). Last year’s study is still useful for my narrative analysis of the law of the land in this area, etc…

Check out this video featuring Don Cornelius of Soul Train, who passed away yesterday. Once you get past the intro, you will see moves that you won’t believe…

Transcript: “Activist Profiles and Playbooks”

We have posted the transcript for the DealLawyers.com webcast: “Activist Profiles and Playbooks.”

– Broc Romanek