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How are those spokespeople not liable for fraud?

• tptacek 3y ago
  It depends on their relationship with the fraudulent enterprise. In the most boring fact pattern, Matt Damon is no different legally from the Kinkos branch that runs off investor one-sheets; he's just a vendor providing a service. What tips you into potential liability is actual knowledge of fraudulent conduct (or of recklessness or negligence giving rise to that outcome). Where spokespeople have deep business relationships with their clients --- as is the often the case with Ryan Reynolds --- they're potentially reachable by plaintiffs. So far as I know, Reynolds hasn't sponsored anything particularly shady, though.