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To quote Matt Levine, “everything is securities fraud”. If FB is representing to the public that they are doing better than they actually are on fighting these
by theptip 5y ago
To quote Matt Levine, “everything is securities fraud”. If FB is representing to the public that they are doing better than they actually are on fighting these issues, and the truth damages their share price, then they have committed securities fraud and will be sued by shareholders.
- sasaf5 5y agoand what is not securities fraud is wire fraud.