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Google In The Clear Over Playboy Spread
By Andy Beal
Expert Author
Article Date: 2005-01-13
No penalties for Google's interview with Playboy... Now, if Page and Brin had done a center spread, I'd be calling for billions in damages.
From CNET: "Under terms of the agreement, the search giant agreed to cease and desist from committing or violating any provisions under the Securities Act of 1933, according to the company's filing with the SEC. Google, without admitting or denying guilt in the matter, will not have to pay any financial penalty. The company also settled similar charges brought by the California Corporations Commissioner.
Before the debut of its closely watched IPO, the SEC began an informal inquiry into $80 million in stock options Google had issued to employees and consultants between 2002 and 2004. Regulators were concerned the options were distributed before Google registered the IPO offering and without Google providing financial information about the company."
About the Author:
Andy Beal is President & CEO of Fortune Interactive a full-service interactive marketing agency specializing in search marketing and blog marketing. Considered one of the world's most respected interactive and search engine marketing experts, Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian. You can read his internet marketing blog at Marketing Pilgrim and reach him at andy.beal@gmail.com.
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