*Maybe* he violated the letter of the law but I don't see a comment where everyo... | Hacker News

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Alaskan005 on Dec 7, 2012 | parent | context | favorite | on: Netflix CEO Hastings faces SEC action over Faceboo...

Maybe he violated the letter of the law but I don't see a comment where everyone can read it, and broadcast to 200,000 people isn't public disclosure.

dlhavema on Dec 7, 2012 [–]

Are there specific news outlets that the SEC considers as official press release outlets? or is merely the act of releasing a press release? My point is, what if they issued a press release in some Podunk town ( with say 1,000 people) instead of on facebook?

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