ProfNet Experts Available on Cashing Out Stocks, Data Breaches, More Also in This Edition: Jobs for Writers and Media Industry Blog Posts

NEW YORK, Oct. 13, 2014 /PRNewswire/ -- Below are experts from the ProfNet network that are available to discuss timely issues in your coverage area. If you are interested in interviewing any of the experts, please contact them via the contact information at the end of the listing. To receive these updates by email, send a note to [email protected] with the industries you cover, and we'll add you to the appropriate edition. 

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If you have any questions or need assistance with any aspect of ProfNet, please drop us a note at [email protected].

EXPERT ALERTS

• Chase Bank Not Required to Reveal Data Breach
• Marital Wealth Creation
• When to Cash Your Shares Out

MEDIA JOBS

• Trends Reporter - Tech Times (NY)
• Investigative Reporter - The Daily Press (VA)
• Editorial Photographer - Crain's Chicago Business (IL)
  
  

OTHER NEWS & RESOURCES

• How to Become Socially Credible
• Media 411: Are You TV's Sexiest Male News Anchor?
• Writing Business Stories That Matter

EXPERT ALERTS:

Chase Bank Not Required to Reveal Data Breach
Mark Thibodeaux
Data security attorney
Sutherland Asbill & Brennan LLP in Houston
"The millions of JPMorgan Chase & Co. customers whose accounts were affected by the recent massive cyberattack probably learned about it from news reports rather than from the bank itself. That's because there is no federal law that specifically requires businesses to notify customers when a big data breach occurs, and state laws vary in strength. Texas requires notification only when a customer's name and crucial identification information are accessed, such as PINs, passwords, or driver's license, Social Security or other account numbers. Based on that, Chase bank didn't have to notify Texas customers. Increasingly, however, the Securities and Exchange Commission is scrutinizing the disclosures that publicly traded companies make of their cyberrisks. This regulatory scrutiny, along with the obvious ethical considerations, likely will lead many companies to disclose breaches, even when their legal obligation may be weak or nonexistent."
Media Contact: Kit Frieden, [email protected]
  

Marital Wealth Creation
Michelle May O'Neil
Family Law Attorney
Godwin Lewis PC in Dallas
"There have been reports of several very public changes to the website maintained by oil company Continental Resources that could have implications for the eventual outcome in the divorce of company founder and billionaire Harold Hamm. The company has been accused of altering its company history to downplay Hamm's direct efforts in its phenomenal success during the time he was married to his second wife, Sue Ann. Apparently under Oklahoma law, the growth in net worth deriving from work efforts during marriage is considered marital wealth and subject to equitable division. If the increase in company value is the result of market factors, and not Mr. Hamm's efforts, then the increased value would not be marital property. However, in a community property state like Texas, such a distinction would not be necessary, as marital property is most often determined by when the asset is obtained rather than in any change in value."
Media Contact: Rhonda Reddick, [email protected]

When to Cash Your Shares Out
Bijan Golkar, CFP
Vice President/Senior Advisor
FPC Investment Advisory, Inc.
When do you cash your shares out? If you're like most RSU recipients, you plan to hold on to your shares for a year before selling. That way, you'll avoid the very high tax rate on short-term capital gains, and pay the lower, long-term capital gains rate, right? Actually that's not how RSUs work. Amazingly, their tax treatment is something that few people in the tech industry understand. Says Golkar: "When your wealth is all in the form of your company's stock, you're not just putting all your eggs in one basket, you're living in that basket too."
Based in San Francisco, Golkar has been quoted in The Wall Street Journal, Forbes, U.S. News & World Report, Yahoo Finance, The Fiscal Times, Bankrate, MoneyUnder30.com and DepositAccounts.com.
ProfNet Profile: http://www.profnetconnect.com/bijangolkar
Website: http://www.FPCWealth.com
Media Contact: Steve Garmhausen, [email protected]
 

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MEDIA JOBS:

Following are links to job listings for staff and freelance writers, editors and producers. You can view these and more job listings on our Job Board: https://prnmedia.prnewswire.com/community/jobs/

• Trends Reporter - Tech Times (NY)
• Investigative Reporter - The Daily Press (VA)
• Editorial Photographer - Crain's Chicago Business (IL)

See more listings here.

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OTHER NEWS & RESOURCES:

Following are links to other news and resources we think you might find useful. If you have an item you think other reporters would be interested in and would like us to include in a future alert, please drop us a line at [email protected]

·         HOW TO BECOME SOCIALLY CREDIBLE. Finding a story to share with your social media audience is important. Yet, the struggle may be to find the right story at the right time to share on your Twitter, Facebook, or LinkedIn page. We recently spoke with Scredible's social and data marketing manager Lori Friedrich, who explained how Scredible works as well as how it can help with their social media efforts: http://prn.to/1sdmuhb

·         MEDIA 411: ARE YOU TV'S SEXIEST MALE NEWS ANCHOR? PEOPLE MAG WANTS YOU. We all know that every year People magazine puts out a Sexiest Man Alive issue -- but did you know that this year they are placing another sexy man on the cover in addition to Hollywood's hottest hunk? If you're a news anchor, sports anchor or weather anchor, now's your chance to get in on the action! Details here: http://prn.to/1tGpQVw

·         WRITING BUSINESS STORIES THAT MATTER. There's more to business writing than earnings and executive appointments. For our latest Twitter Q&A, we asked freelance writer Gwen Moran, award-winning small-business expert and writer specializing in business and money, to share some of her insight on how to find the part of the story that moves it from a dry business profile to a piece that matters: http://prn.to/1vxzRXy

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SOURCE ProfNet