Boston-based DraftKings fined $200K over CEO’s social media posts

Sep 27, 2024  · BOSTON — The Securities and Exchange Commission on Thursday slapped Boston-based DraftKings with a $200,000 fine over posts that were shared on the company …


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Boston-based DraftKings Fined $200K Over CEO’s Social Media Posts

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Sep 27, 2024  · BOSTON — The Securities and Exchange Commission on Thursday slapped Boston-based DraftKings with a $200,000 fine over posts that were shared on the company …

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Boston-based DraftKings Fined $200K Over CEO’s Social Media Posts

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Sep 27, 2024  · The Securities and Exchange Commission slapped Boston-based DraftKings with a $200,000 fine over posts that were shared on the company CEO’s social media pages. ...

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Boston-based DraftKings Runs Into Social Media Hiccup, Pays …

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Sep 27, 2024  · DraftKings has been fined again this year, with the latest hiccup costing the Boston-based sports betting company $200,000 over posts published on the CEO’s social …

bostonherald.com

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DraftKings Pays $200,000 To Settle Disclosure Charges ... - NBC …

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Sep 26, 2024  · DraftKings Inc. has agreed to pay a $200,000 civil penalty to settle disclosure charges brought by the U.S. Securities and Exchange Commission. The SEC said Thursday it …

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Social Media Posts Cost DraftKings $200,000 | Legal Dive

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Sep 27, 2024  · Sports betting company DraftKings agreed to settle for $200,000 charges it violated Regulation FD disclosure rules, the Securities and Exchange Commission announced …

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DraftKings Fined $200,000 Over CEO’s Social Media Posts

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Oct 1, 2024  · DraftKings has agreed to pay $200,000 to the US Securities and Exchange Commission (SEC) to settle a case regarding sensitive financial information that was posted …

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SEC Charges DraftKings $200k Over CEO’s Social Media Posts

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Sep 27, 2024  · SEC charges DraftKings $200k over CEO’s social media posts . By Sonja Lindenberg - 27 Sep, 2024 ... they do so fairly to all investors,” said John Dugan, associate …

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DraftKings Pay $200K To Settle Social Media Posts Charge

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Sep 27, 2024  · DraftKings has agreed to pay a $200,000 penalty to settle a Securities and Exchange Commission (SEC) charge that found the company selectively disclosed non-public …

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DraftKings Ordered To Pay $200K Over Disclosure Violations In …

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Sep 28, 2024  · A poorly considered social media post from DraftKings CEO Jason Robins is set to cost a pretty penny following an SEC ruling. Jori Negin-Shecter • News Editor Sep 28, 2024 …

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DraftKings Agrees To $200K Penalty After CEO’s Social Media Misstep

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Sep 27, 2024  · This regulation aims to ensure a level playing field, preventing selective disclosure that could benefit specific groups. By sharing this financial update on personal social media …

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SEC Fines DraftKings $200K Over CEO's Social Media Blasts

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Law360 (September 26, 2024, 9:56 PM EDT) -- DraftKings agreed to pay a $200,000 fine to resolve U.S. Securities and Exchange Commission administrative charges that the online …

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DraftKings Penalized $200K By SEC For Social Media Disclosure …

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Sep 30, 2024  · DraftKings, the Boston-based sports activities betting big, has just lately been fined $200,000 by the Securities and Exchange Commission (SEC) for untimely disclosures …

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DraftKings Fined $200K For SEC Violation Over Social Posts - MSN

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Oct 2, 2024  · DraftKings CEO Jason Robins has been fined $200K by the SEC for prematurely sharing growth insights on social media, violating regulations of the market. SportsGrid …

msn.com

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Boston-based DraftKings Fined $200K Over Social Media Post

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DraftKings Fined $200K For CEO’s Premature Financial Disclosure

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DraftKings, the Boston-based sports betting giant, has recently been fined $200,000 by the Securities and Exchange Commission (SEC) for premature disclosures made on the personal …

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FAQs about Boston-based DraftKings fined $200K over CEO’s social media posts Coupon?

Why did DraftKings get a $200,000 fine?

The Securities and Exchange Commission on Thursday slapped Boston-based DraftKings with a $200,000 fine over posts that were shared on the company CEO’s social media pages. ...

Did DraftKings pay a $200,000 civil penalty?

DraftKings agreed to pay a $200,000 civil penalty to settle the SEC’s charges. The order finds that, on July 27, 2023, at 5:52 p.m., DraftKings’ public relations firm published a post on the personal X account of the DraftKings CEO. ...

Did draftkings'really strong growth' in 2023?

The order finds that, on July 27, 2023, at 5:52 p.m., DraftKings’ public relations firm published a post on the personal X account of the DraftKings CEO. The post, according to the order, stated that the company continued to see “really strong growth” in states where it was already operating. ...

Did DraftKings violate FD?

The Securities and Exchange Commission today charged DraftKings Inc. with selectively disclosing material, nonpublic information to investors who followed or otherwise viewed the company CEO’s social media accounts without disclosing that same information to all investors, in violation of Regulation Fair Disclosure (FD). ...

Did DraftKings violate Regulation Fair Disclosure?

The SEC found DraftKings in violation of Regulation Fair Disclosure, charging the company with “selectively disclosing material, nonpublic information to investors who followed or otherwise viewed the company CEO’s social media accounts without disclosing that same information to all investors.” ...

Why did the SEC slap DraftKings with a penalty?

The Securities and Exchange Commission slapped DraftKings with a penalty on Wednesday after regulators alleged the company’s public relations team shared too much information on the CEO’s personal X and LinkedIn accounts. ...

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