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I don't know about "impugn him" but there are SEC regulations and legal standards for when a public company CEO makes "forward looking statements", however the
by mrandish 1y ago
I don't know about "impugn him" but there are SEC regulations and legal standards for when a public company CEO makes "forward looking statements", however the standards are looser when speaking casually vs in an earnings call or in regulatory filings.
Plus how much a company currently expects to spend toward a specific initiative isn't a number likely to cause shareholder litigation like revenue, earnings, margins or share price. You pretty much never hear a public company CEO put numbers on those outside of an earnings call.