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It would be pretty extraordinary for the government to sue a company for cooperating with the government. A company has to follow court orders. The government
by ggggtez 8y ago
It would be pretty extraordinary for the government to sue a company for cooperating with the government.
A company has to follow court orders. The government would have to sue itself.
- macintux 8y agoThe SEC prides itself on its independence; I don't think it would have any problem taking on a company that lied on behalf of some other agency of the federal government. Now, a court order would indeed be something different, but I find it hard to conceive of a judge compelling a company to lie.
- PeterisP 8y agoIf they didn't have to lie and there was no legal order but voluntary cooperation, as the grandparent post suggests, then such voluntary misinformation can easily be a violation of SEC requirements; and one part of the government certainly can prosecute you for doing something that another part of the government suggested (but didn't/couldn't legally require), it wouldn't be the first time.