What you don’t say

If a corporation fails to raise “‘known trends or uncertainties'” in securities filings, has it committed fraud against third parties?

Maybe.

“High Court To Weigh Corporate Omissions,” The Wall Street Journal, March 28, 2017 A2.  Supreme Court to hear a case involving suit by investors against company for omissions in public filings, otherwise the purview of the SEC.

So, does this mean that unspoken information is “information” subject to government regulation or third-party litigation?

Advertisements

Leave a comment

Filed under Accuracy, Board, Communications, Corporation, Definition, Duty, Governance, Inform market, Inform shareholders, Information, Oversight

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s