Since his election, President Donald Trump has not let go of his personal Twitter account—or his penchant for lashing out against companies on social media. That practice, unprecedented for a president in the internet age, has put companies on edge. And law firms are being called on to help corporate executives prepare for the fallout from drawing Trump's ire on Twitter. Cleary Gottlieb employed an acronym to describe the president's conduct: "SMA," for "social media attack."
February 17, 2017 at 05:00 PM
1 minute read
“Few if any SMAs so far have focused in a personal way on the compensation of corporate CEOs relative to performance,” the firm’s memo said. “However, those kinds of attacks seem likely to arrive.”
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