Earlier this year, a small North Carolina eco-conscious clothing company was contacted to participate in a documentary on eco-fashion being made by a media company out of Florida. The NC-based company took interest, but as the negotiations continued, they became more and more skeptical of a possible scam. The CEO of the clothing company voiced her concerns on her blog, and people took note. Shortly after, the media company out of Florida filed a lawsuit claiming her blog had cost them over $5 million in business.
This brings up a very sensitive, and relatively new subject for many business owners. Anything posted on a CEO’s blog - including reader’s comments - can be construed as carrying the weight of a company’s endorsement. Read more »