The SEC fined Kim Kardashian $1.26 million for touting cryptocurrency on her social media. It’s typically fine for celebrities and influencers to endorse investment opportunities. We often see many celebrities promoting headphones or makeup with the #ad in the post.
Kim Kardashian crossed the line when she endorsed a crypto asset security. If you’re promoting the company, the only rules that apply are the ones from the FTC. If you’re touting a cryptocurrency, different laws will apply. Disclosing that you were paid — as Kim did with an #AD hashtag — is not enough; you also need to disclose how much you were paid.
Netflix is suing two TikTok users for intellectual property infringement. Abigail Barlow and Emily Bear have been found to have created TikTok content that is based on the popular Netflix show, Bridgerton. This content acquired a lot of attention on the social media app, which attracted Netflix. The content creators went on to create an album with Grammy-winning recordings. Eventually, these two artists created the “Unofficial Bridgerton Musical” on broadway which would sell out quickly. Netflix saw the growth and profit that they were making from this and slapped them with a lawsuit.
Two independent contract moderators are suing TikTok for negligence in a class-action lawsuit. In the filing, the plaintiffs claim that they were “subjected to extremely traumatic videos and images with no warning, training, or means to cope.” These moderators contend that they suffer from PTSD and other psychological damage from their experience.
A social media influencer, Brittany Dawn Davis, is in hot water with the Attorney General for allegedly deceiving her customers. Davis promotes her health and fitness services as personalized for each individual. However, from a Facebook group that Davis created herself, the customers found out that the services were not personalized at all. Stay tuned as Nasir follows along with this case.
Social Media is on the rise and being smart on your social media is more important now than ever. Many companies are taking that extra step during the background check to search for your social media accounts. In this episode of Legally Sound | Smart Business by Pasha Law PC, Nasir discusses the new normal…
Kim Kardashian and a Paparrazi were involved in a legal dispute as Kim posted a photo on her Instagram that a Paparrazi took of her. Photographs, videos & content on social media “rules” are not just black and white. There are many different guidelines when it comes to the ownership of the contents that are…
With the new wave of technology, companies are reaching out directly to influencers instead of the traditional route for endorsements & sponsorships. However, many of these influencers break the law without even knowing it. In this clip of Legally Sound | Smart Business by Pasha Law PC, Nasir breakdown the guidelines that all influencers should…
Companies around the nation may risk themselves being in a legal issue if their Company Policy is too broad. When the policy is too broad, it may frighten employees from speaking out. In this episode of Legally Sound | Smart Business by Pasha Law PC. Nasir discusses what happened to a renowned company around the…
In our latest episode, Nasir and Matt are covering the legal issues on Social Media. The average person spends most of their day on social media, whether they are scrolling for hours or publishing their own content. However, just because you publish your own content on Instagram does not equate to you owning that image….
Happy Social Media Day! If you’re a social media influencer, or use influencers or social promotions in your marketing, don’t miss our Legally Sound | Smart Business podcast episode on The Ultimate Legal Breakdown of Social Media Marketing: https://www.pashalaw.com/ultimate-legal-breakdown-social-media-marketing-e287/
Happy Selfie Day! Did you know that the Legally Sound | Smart Business by Pasha Law podcast has a whole episode on – you guessed it – selfies? If you haven’t listened, you’re missing out. Listen to learn about viral Oscar selfies, Facebook updates that cost $80,000, and more: https://www.pashalaw.com/ep-21-taking-selfies/
Did you know we’re hosting a fun business law pop quiz every Thursday (that’s TODAY) in our Instagram stories? Don’t miss out on the fun! Follow us @PashaLaw.
We’re sharing various articles with legal tips for small businesses from our blog on our social media to celebrate Small Business Week. Like this one, an advertising legal guide for small business: https://www.pashalaw.com/advertising-marketing-legal-guide-small-business/
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