× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
a
3
r
3
Home Q & A Board Other Fields Homework Help Business
New Topic  
johnsons517 johnsons517
wrote...
Go to Answer
Posts: 316
Rep: 0 0
6 years ago
In City of Livonia Employees Retirement System v. Boeing Co, City sued Boeing on behalf of all persons who bought Boeing stock in a certain time period on the basis that the company was overly optimistic about the time schedule for the new 787 aircraft. When problems with the plane developed, the stock fell ten percent. Suit claimed that company executives made false statements about the plane, so committed securities fraud. The appeals court held that Boeing was overly optimistic in its forecasts about its financial future so was liable to investors who lost money when things turned out worse than expected.
 a. True
  b. False
  Indicate whether the statement is true or false
Read 75 times
1 Reply
Replies
Answer verified by a subject expert
Trejo1426Trejo1426
wrote...
#1
Posts: 230
Rep: 1 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

johnsons517 Author
wrote...

6 years ago
Thanks
acaruso
wrote...

Yesterday
Brilliant ツ
Lawson1981
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1443 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 699
  
 337
  
 780
Your Opinion
What's your favorite funny biology word?
Votes: 401
Previous poll results: Which country would you like to visit for its food?