Tag archives: endorsement

Ninth Circuit joins Eleventh Circuit holding that social media marketers of financial products may be liable as sellers under Securities Law

Photo of Paul Guirguis (US)By Paul Guirguis (US) on Posted in Litigation
Collage of stock numbers and lights               The United States Court of Appeals for the Ninth Circuit recently issued an opinion in Pino v. Cardone Capital, LLC that followed the Eleventh Circuit ruling in Wildes v. BitConnect (see our March, 2022 post on that case here: Social media and cryptocurrency fraud), when it held that if a person promotes the sale … Continue reading

Who paid you to post that? Truth and Transparency in International Advertising

Photo of Karen Sie (CA)By Karen Sie (CA) on Posted in General
Social media personalities who have tweeted, grammed, Vine’d and snapped their way to stardom have no doubt caught the attention of businesses large and small. Much like how professional athletes and other celebrities are paid to endorse products, businesses and retailers have increasingly turned to recognized social media personalities (often called “influencers”) to recommend their … Continue reading
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