And pretty much everything a public company does is securities fraud: [1] To oversimplify, a company is required to disclose risks, and everything is a risk,

And pretty much everything a public company does is securities fraud: [1] To oversimplify, a company is required to disclose risks, and everything is a risk, so it's security fraud if it's not in the disclosure, or if it's misrepresented in the disclosure. 1: https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywhere-is-securities-fraud https://www.bloomberg.com/opinion/articles/2019-06-26/everyt...