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Lying publicly and on the record about something that should have been disclosed in their financials as a risk is not something the SEC would take kindly to. P
by lordlimecat 8y ago
Lying publicly and on the record about something that should have been disclosed in their financials as a risk is not something the SEC would take kindly to.
Publicly traded companies do not have the same freedom to lie because the truth or falsity of this claim has a direct impact on their stock price. Something we just saw with Musk less than a week ago.