Reprising the type of investigation that got Siebel into hot water a few years ago – the WSJ reports on the SEC’s probe of a Mylan analyst/investor day at its premises.

The event was not webcast.   Foolish on Mylan’s part – and foolish on the part of their IR firm – not to webcast a meeting with analysts and investors.   Any shift in stock price, the day of a private meeting, is a prima facie basis for an SEC investigation.   Pointing to a webcast is the best possible response.   Having no webcast to point to suggests either something to hide, or negligence.

This entry was posted on Wednesday, June 16th, 2010 at 9:51 am and is filed under Webcasting. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.