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SEC Sets Sights On Netflix Over CEO's Facebook Post

By Sindhu Sundar ( December 6, 2012, 9:03 PM EST) -- Netflix Inc. and its CEO Reed Hastings could face action by the U. S. Securities and Exchange Commission over Hastings' July Facebook post revealing that Netflix members had watched more than 1 billion hours that month, the online video service said in a regulatory filing Thursday. . . .

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