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> he couldn't correct the record unless he simultaneously updated all his institutional investors at the same time. Hmm, conference calls, twitter, e-mail, web
by draugadrotten 12y ago
> he couldn't correct the record unless he simultaneously updated all his institutional investors at the same time.
Hmm, conference calls, twitter, e-mail, web pages. And so on.
Is it really that difficult to issue an update which satisfies this legal requirement.
- aswanson 12y agoBen is not a dumb guy. I may be dulling out some of the details, but Im sure it was not that simple. Especially since it was about 7 years before the advent of twitter and involved SEC regulatory compliance.