TheStreet.com blogger and commentator Herb Greenberg noted Monday that Michael Kors took exception to a blog item he posted last week.
Greenberg writes, “Michael Kors, through a letter to TheStreet from its outside counsel, says that my piece from last week that wondered if the company had communicated with analysts regarding the coming quarter is incorrect. ‘The accusations are completely false and unfounded,’ the attorney said.
“He added that had I called the company prior to publication I would have received ‘vehement denials and assurances’ that Kors ‘takes Regulation FD compliance very seriously.’
“I didn’t call because this is a blog steeped in observation, analysis and commentary. The Kors news was timely, and, in fact was discussed earlier in the day on social media (by me and others) as well as on CNBC. Concerns about multiple analyst actions on any company often lead to questions about why.
“Of course, had a company spokesperson or executive called us immediately their comments would have been duly noted. And, of course, in retrospect I wish I had called them.”
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