Paul A. Lieberman, Shareholder in Stark & Stark’s Securities Group, was quoted in the August 20, 2011 New York Post article, Ashton’s Hard Sell With Feds.
Recently, Ashton Kutcher’s comments regarding several internet based social media companies has come under scrutiny after Kutcher authored an article for Details magazine in which he praises Tinychat, Fourquare, Arbnb and several other companies, while failing to disclose the fact that he is an investor in the companies. Now the Federal Trade Commission and the Securities Exchange Commission are questioning if this move warrants a federal investigation.
In the article, Mr. Lieberman states, “He’s getting close to the line, if not crossing it, in terms of SEC regulations on insider trading."