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Wouldn't it have to have a negative effect on the security to be securities fraud? Causing an investor loss is a key point of securities fraud. "We made a ton
by jmalicki 6mo ago
Wouldn't it have to have a negative effect on the security to be securities fraud? Causing an investor loss is a key point of securities fraud.
"We made a ton more money with ads and the stock went up" lacks that key element of fraud?
- nkrisc 6mo agoInvestors who bought an artificially inflated stock would be harmed.
- deleted 6mo ago[deleted]
- jamiequint 6mo agoHow would the stock be harmed by them selling better performing or more relevant ads?
- bee_rider 6mo agoI don’t know that there were any promises anyway. But if there were, then an investor could have plausibly believed that that was a better long-term business model. It’s early days for these LLM hosts, maybe investors could be worried about taking the really annoying business notes before users are properly addicted.