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That happens all the time in the stock market and rarely anyone gets punished.
by onemoresoop 2y ago
That happens all the time in the stock market and rarely anyone gets punished.
- wakawaka28 2y agoThat is explicitly illegal in the stock market, and companies are frequently sued over deceptive practices. They have whole PR departments dedicated to making sure that they convey accurate (or at least defensible) information to investors.
- onemoresoop 2y agoI know it’s illegal but it’s still happening in various ways. Yes, once in a while investors do sue and win
- wakawaka28 2y agoEnforcement is a different matter entirely. I was originally responding to an argument about the legality of deception. A lack of enforcement does not make it more defensible.