4 ms·
If the company knows stock purchasers are making a bad decision it would be obvious negligence.
by pbreit 6y ago
If the company knows stock purchasers are making a bad decision it would be obvious negligence.
- pmiller2 6y agoOnly if they don't disclose the serious risks involved, which they do, right up front in the very first few sentences of the filing.
- RobRivera 6y agono, every broker has a lovely warning about the nature of sec regulations and financial instruments risk of losing value. Negligence is in the investors lack of due diligence. Its why publicly traded companies must publish financials and why cooking the books is illegal and fraudulent