4 ms·

https://www.cornerstone.com/GetAttachment/2cd97eeb-1a32-4b51-83ba-7c5624e77318/Securities-Lawsuits-Settlement-Statistics-for-10b.pdf https://www.cornerstone.com

• minimaxir 8y ago
  I'm not sure why you linked a 1997 PDF.
  • neom 8y ago
    To give you an idea of what a 10b-5 violation looks like. I assure you, there isn't a cost of living increase for SEC violations since 97, this is precedent and having spent the day trying to understand if I'd make this business move, I still hold firm that a 10b-5 violation won't run more than $20-50mill very worst case. a wrist slap.
    • zaroth 8y ago
      How much does that work out to per word?
      • neom 8y ago
        Depends on how much you value getting 1.3bill in shorts off your back (and into court, I'd suppose)