In 140 characters or less, Alan Meckler, CEO and chairman of WebMediaBrands, regularly announces to the world the company’s new product developments and hints at the outlook for quarterly earnings. But his Twitter communications are raising questions about whether using social media to reveal material information runs afoul of Regulation Fair Disclosure rules.
Meckler defends Twitter as the best way to reach a broad audience quickly. “It is a great tool for public relations,” he says. “If I think there is something of interest, I tweet about it.”
