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?
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