Netflix CEO in Hot Water Over Facebook Post

KTRH Radio
December 12, 2012

Gray Reed attorney Travis Crabtree was interviewed on KTRH Radio Houston on the Netflix CEO who possibly violated SEC law when he made a facebook post.  Netflix and its chief executive, Reed Hastings, have been warned by regulators over a 43-word post that Mr. Hastings made to his Facebook page in July, in which he said subscribers had watched one billion hours of video the previous month. The Securities and Exchange Commission, concerned that the post may have violated a rule requiring a company to announce material information to all investors at the same time, warned that it may file civil claims or seek a cease-and-desist order. 

Click here to watch the interview

Travis Crabtree brings a unique perspective to his internet marketing, online media and commercial litigation practice. Travis graduated from the University of Missouri School of Journalism and spent several years in television news before taking on a law career. Travis explores the emerging legal issues and trends for internet marketing and online media on his blog, His online media and internet law practice focuses on media communications, online defamation, privacy, domain name disputes, policy and governmental compliance, copyrights and trademarks, and related transactional documents for start-ups and established businesses.

About Gray Reed & McGraw

Founded in 1985, Gray Reed & McGraw is a full-service, Texas based law firm with more than 120 lawyers practicing in Dallas, Houston and Tyler.  Gray Reed & McGraw offers a wide range of legal services including business litigation, corporate transactions, oil & gas, tax planning and litigation, real estate, healthcare, trusts and estates, labor and employment law, family law, intellectual property and bankruptcy. For more information, visit

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