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Law in the sense that there is legal precedence from court cases, yes. Law in the sense that there are literal statutes saying so, no. Sadly, both matter.
by zaphar 4y ago
Law in the sense that there is legal precedence from court cases, yes. Law in the sense that there are literal statutes saying so, no. Sadly, both matter.
- astrange 4y agoThere is not such precedence. There sort of is precedence that you have to say you're doing it, but you can implement that by basically doing anything you want. It is true that you can sue a company for securities fraud if they do essentially anything that you can claim made the share value go down, but that doesn't mean you'll win.