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IANAL, but the law you are talking about is "no fraud", and it's not Delaware code it's the SEC. When a public company officer lies about issues that could imp
by evrydayhustling 4y ago
IANAL, but the law you are talking about is "no fraud", and it's not Delaware code it's the SEC. When a public company officer lies about issues that could impact the price - and these interactions with law enforcement and regulation def qualify - they could cause people to misvalue the company.