Dossier
Richard Friedman
Coverage of Richard Friedman in the Nexus archive.
- Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes, but he may still pay a price under a 140-year-old doctrine
Forbes fired chief content officer Randall Lane after he received an undisclosed payment of about $6 million from RJ Shook’s firm, which was flagged by PPC Enterprises. While legal experts believe Lane likely did not break criminal law, his actions may violate a New York common-law doctrine requiring employees to remain loyal to their employers. This suggests that even if he avoids charges, he could face consequences regarding his professional duties.