3 ms·
Are Founders Allowed to Lie?
- gcb0 6y agoThis article is a lot of hot air from someone just giving their opinions on recent events. For a proper answer see https://en.wikipedia.org/wiki/Forward-looking_statement https://en.wikipedia.org/wiki/Forward-looking_statement When a founder lies, it is a crime under Securities laws (and possibly others). Now, if the investors are in their interest to resolve it themselves or to sue and maybe loose even more money, that is the real question.