Biology Forums - Study Force

Other Fields Homework Help Business Topic started by: soccer97 on Jan 27, 2018



Title: The president of a company says that new products to be introduced are sure to double company ...
Post by: soccer97 on Jan 27, 2018
The president of a company says that new products to be introduced are sure to double company profits. Based on this, investors buy stock in the company, pushing up its price. The products flop, the company loses money, so the stock price falls. Investors are most likely to sue the president of the company under what theory provided by the securities law?
 a. liability for mismanagement b. liability for insider trading
  c. liability for misstatements
  d. liability for securities negligence
  e. none of the other choices; there is no basis for a lawsuit here


Title: The president of a company says that new products to be introduced are sure to double company ...
Post by: umass508 on Jan 27, 2018
c


Title: The president of a company says that new products to be introduced are sure to double company ...
Post by: soccer97 on Jan 27, 2018
Good answer