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soccer97 soccer97
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Posts: 328
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6 years ago
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
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wrote...
6 years ago
c
soccer97 Author
wrote...
6 years ago
Good answer
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