BLAWG

A BLAWG FOR THE STUDY OF BUSINESS LAW &
CORPORATE SOCIAL RESPONSIBILITY
reuters:

Facebook Inc shares fizzled on their first day of trade on the Nasdaq, erasing early gains of as much as 18 percent to trade close to their initial public offering price.
The stock opened 11 percent higher and rose to $45 before rapidly heading south in frenzied trade, touching its initial public offering price of $38. The No. 1 online social network raised as much as $18.4 billion in one of the biggest initial public offerings in U.S. history.
After a delay in the opening print that drove up anxiety levels among traders and onlookers outside the Nasdaq, the company’s closely watched stock began trading at $42.05, compared with an IPO price of $38.
To rapturous applause from employees, Facebook Chief Executive Mark Zuckerberg — flanked by Chief Operating Officer Sheryl Sandberg and Nasdaq Chief Executive Robert Greifeld — rang the bell to kick off trading at the company’s Silicon Valley headquarters at 6:30 a.m. Pacific time.
The 28-year-old billionaire founder hugged and high-fived Sandberg and other employees in celebration after he pressed the remote button.
READ MORE: Facebook fizzles in debut, shares skirt IPO price

reuters:

Facebook Inc shares fizzled on their first day of trade on the Nasdaq, erasing early gains of as much as 18 percent to trade close to their initial public offering price.

The stock opened 11 percent higher and rose to $45 before rapidly heading south in frenzied trade, touching its initial public offering price of $38. The No. 1 online social network raised as much as $18.4 billion in one of the biggest initial public offerings in U.S. history.

After a delay in the opening print that drove up anxiety levels among traders and onlookers outside the Nasdaq, the company’s closely watched stock began trading at $42.05, compared with an IPO price of $38.

To rapturous applause from employees, Facebook Chief Executive Mark Zuckerberg — flanked by Chief Operating Officer Sheryl Sandberg and Nasdaq Chief Executive Robert Greifeld — rang the bell to kick off trading at the company’s Silicon Valley headquarters at 6:30 a.m. Pacific time.

The 28-year-old billionaire founder hugged and high-fived Sandberg and other employees in celebration after he pressed the remote button.

READ MORE: Facebook fizzles in debut, shares skirt IPO price

(via brooklynmutt)

Coca-Cola’sHappiness Machine”.  Again, reigning supreme as a corporate marketing genius.

Americans with Disabilities Act (ADA)

The ADA Amendments Act of 2008 expanded the protection afforded by the ADA to include individuals who are regarded as having a disability, even if they are not actually disabled.  This creates a cause of action under the ADA for discrimination based on a perceived disability - such as, for example, morbid obesity - where one had not previously existed.  Follow the above title link to read the Americans with Disabilities Act as Amended in 2008.

Funny Lawyer Videos

Commercials for legal services are obnoxious. But this website has gathered some that are abnormally absurd. 

Drama Button

The official theme song for light bulb moments…

Invasion of Privacy & Appropriation Claims

Follow the title link to the Post Foods commercial that led to a legal wrestling match with Hulk Hogan.  In this case, Hogan alleged that Post Foods was liable for “appropriation of identity.”  Appropriation is an “invasion of privacy” claim that arises from the unauthorized use of a person’s name, picture, or other likeness for commercial purposes.