Facebook Incident Highlights Secondary Market Controversies

This morning we learned in a TechCrunch report that Michael Brown, a Facebook corporate development manager, left the company in a spat that appeared to be tied to his trading of Facebook shares in the secondary market. The facts of the case are unclear, and we at peHub are not weighing in on what did or did not take place. We can only say it appears Facebook had no intention of making an example out of Brown, so perhaps more has been made of this blowup than should have. However, the dispute shines a light on several persistent secondary market issues that are worth raising and which will likely to take time -- and several court decisions -- to resolve.

ManagersNorth AmericaUSBriefs