The business development executive terminated on allegations of insider trading in Facebook shares will join Twitter.
Michael Brown Tweeted about his career move today, and All Things Digital noticed his Tweet first.
Brown had purchased Facebook shares on the secondary market last fall out of a stated desire to have a larger stake in the company he was touting to prospective business partners. The timing of his purchase led some to believe that he had foreknowledge of the Goldman Sachs-led $1.5 billion investment at the time he bought the additional stock.
Since the news of his departure emerged, Brown hired an attorney who had told several media outlets that the departed Facebook executive didn’t know about the Goldman Sachs deal when he bought the Facebook stock.
We don’t know what Brown’s legal strategy is, nor whether he faces any charges by Facebook, but it certainly helps him to get the word about his career move.
At Twitter, Brown will join another 11 employees who used to work at Facebook, although there could be more, since that number is based on LinkedIn listings.
Readers, what do you think about the news of Brown’s career move?
Source: All Facebook
Monday, May 2, 2011