Facebook's Michael Brown Terminated Over Insider Trading Scandal


Facebook corporate development manager Michael Brown (pictured left in happier days) recently and abruptly left Facebook, and the company then hired a senior Google employee to replace him. It was a curious departure and the chatter around Silicon Valley was that there was a lot more to the story.
And in fact there is. Via a scandal that could have far reaching consequences by bringing even more SEC scrutiny onto rampant secondary trading in non-public startups like Facebook and Twitter.

Before You Go

Popular in the Community