What happens when social media and securities law intersect?

In an era where social media governs the lives of almost everyone, securities laws must cover the use of social media for reporting issuers when providing disclosure to shareholders. Lawyers comment on CSA Staff Notice 51-348, a review on the use of social media and disclosure.
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An Ontario lawyer says that solicitor-client privilege may be threatened by a master’s decision that barred him from representing his own firm in a dispute over a wrongful dismissal claim. Do you agree with the lawyer's assessment?
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