Facebook is drawing a bipartisan backlash from Congress, but the SEC could deliver a tougher blow

The Washington Post
Published On: October 8th, 2021

This article features a comment from Kohn, Kohn & Colapinto’s founding partner, Stephen M. Kohn.

Frances Haugen, the whistleblower whose leak of thousands of internal company documents has set off a firestorm, is also pursuing complaints against Facebook with the Securities and Exchange Commission. Stephen Kohn, founding director of the National Whistleblower Center, said the question for the agency is whether a “reasonable investor,” reading the company’s disclosures, would be “fully aware of its potential liabilities.”

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