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SEC Says Public Companies Can Use Facebook, Twitter for News, If Investors Informed

The Securities and Exchange Commission announced today that companies can use social media outlets like Facebook and Twitter to make news announcement in compliance with Regulation FD (Fair Disclosure), if investors have previously been told which social media the company will be using, and who’s feed to monitor. Regulation FD requires companies to distribute important news in a manner designed to get that information out to the general public, so that all investors have the ability to get important news at the same time.

Appellate Victory for Doctors in Colorado

In a case of first impression under the 36-year old state Professional Review Act (the “Act”) governing physicians, Jones & Keller senior litigator Tom McMahon won a precedent-establishing victory in the Colorado appellate courts that will benefit doctors throughout Colorado.  The Act provides that, as a general rule, peer review materials are privileged and not subject to subpoena or discovery in civil lawsuits.

The PDMP — Colorado’s Prescription Drug Monitoring Program PDMP – What you should know

As most doc­tors are aware, the Col­orado Board of Phar­macy main­tains the Pre­scrip­tion Drug Mon­i­tor­ing Pro­gram (PDMP), which pro­vides a data­base of con­trolled sub­stance pre­scrip­tions dis­pensed by Col­orado pharmacies.  Access to the PDMP is lim­ited to a defined set of cir­cum­stances.  This is impor­tant because a provider who improp­erly accesses the data­base is sub­ject to sig­nif­i­cant penal­ties, includ­ing fines and crim­i­nal charges.  Specif­i­cally, a per­son who improp­erly obtains infor­ma­tion is sub­ject to a civil fine of up to $10,000 each.  Vio­la­tors may a

More on Corporate Stakeholders and Shareholder Primacy

In my last post I commented on the Harvard Shareholder Rights program’s misguided effort to eradicate classified boards of directors. Today, theRacetotheBottom commented on a paper by Margaret Blair, “Corporate Law and the Team Production Problem“, challenging the dominate scholarly view over the last few decades that the sole purpose of a corporation is to maximize value for its shareholders.

Harvard Law School’s Shareholder Rights Mistake

The Harvard Law School Shareholders Rights Project recently issued joint press releases with five institutional investors announcing the submission during the 2012 proxy season of proposals to more than 80 S&P 500 companies with staggered boards, urging that their boards be declassified, according to an article by Martin Lipton and Theodore Mirvis posted on the Harvard law School Forum on Corporate Governance an

Doctors and DUIs: What to do if you’ve had one too many

Just like every other seg­ment of the pop­u­la­tion, Col­orado physi­cians are not immune from mak­ing the mis­take of drink­ing and dri­ving.  Unlike other seg­ments of the pop­u­la­tion, how­ever, a DUI or other alco­hol related offense can result in pro­fes­sional dis­ci­pline. So, what do you do if you are a licensed health care provider who gets a DUI?
 

Colorado Medical Board Statistics Show Trend Towards More Severe Discipline

Every year or so, the Col­orado Board of Med­ical Exam­in­ers releases a “Board Action Sum­mary” show­ing the num­ber and types of dis­ci­pli­nary actions over the prior decade.  The most recent sum­mary (from June 2009*) reveals a trend towards more severe dis­ci­pline for doc­tors and physi­cian assis­tants over the past sev­eral years.  The BME licenses more than 23,000 physi­cians and physi­cian assis­tants.  Sta­tis­ti­cally, the num­ber of com­plaints received is rel­a­tively small (778 com­plaints in 2009) with about 3–6% of licensees receiv­ing com­plaints in any given year.  In rec

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